Retire at age 55 on Social Security. Hell, it's easy.

[Neubarth]

The Mexican Mafia has made it possible for thousands of Illegals to draw Social Security. Consider Carlos Gutierrez who is 56 and lives a few blocks from me. He was an illegal thirty years ago. After about a year in the United States he went to the Mexican Mafia bar in the Mexican part of town and put a thousand dollars down on his new name and birth certificate proof of citizenship. He became Hans Inkstadt, born in Minnesota to two immigrant Scandinavian parents, who was seven years old when Carlos was born.

You see, Hans died as a child and his parents never filed for a Social Security Card for him. So, the Mexican Mafia paid for an official copy of Hans' birth certificate and sold it to Carlos for one grand. They make a lot of money doing that.

Carlos, shortly after buying that certificate, used that birth certificate and a new driver's license to apply for a Social Security card while he was in Texas.

Ever since, for the past quarter of a century he has applied for his jobs as Carlos Hans Inkstadt Gutierrez and earned his Social Security which he has been drawing since he was 55.

Damn good system that the Mexican Mafia has for illegals. They get to retire at an early age and enjoy life.

 

[waltky]

Uncle Ferd got Granny sellin' apples onna street corner...

One in 8 workers will never retire
September 18, 2013: It looks like many people will see out their days in the office.

A new global study finds nearly one in eight workers expect they will never be able to afford to retire fully. In the U.S. and U.K, the figures are even worse. The report by HSBC paints a gloomy picture of sustained financial hardship and new working habits despite the world economy returning to health. "Generating an adequate income in retirement remains a major challenge for most people, given the financial conditions created by the global economic downturn," HSBC head of wealth management Simon Williams said.

High levels of unemployment, low wage growth and depressed savings rates have pushed retirement out of reach for many in the global workforce. Ageing populations have compounded the problem as retirement funds have to cover a longer period. Throughout the Western world people still hope to retire around the same age their parents did, despite indications they may live much longer. The report surveyed 16,000 people in 15 countries around the world, assessing their retirement and savings outlook.

One in 8 global workers say they won't be able to afford to retire.

On average, people expect to retire for 18 years but have only saved enough for 10 years. Workers in the U.K. and the U.S. face the bleakest future. In both countries about one in five say they will never be able to give up work completely. The prospects are brighter in Asia, with less than half that number in China indicating they're likely to work forever.

For those who do make it to retirement, their twilight years might not be as comfortable as they had hoped. Almost half of current retirees surveyed said they haven't been able to realize their plans - perhaps a European holiday or finally buying that boat - because they have less money to live on than they had expected. And it's not just grim news for wannabe retirees. Children hoping to inherit could also be disappointed, with over one third of people reporting they won't leave a legacy. Increasing costs of higher education and housing has driven many parents to provide financial assistance to children during their lifetime -- proving yet another drain on retirement coffers.

One in 8 workers will never retire - Sep. 18, 2013

 

[SteadyMercury]

Kinda apples and oranges. Most older Chinese expect to move in with their child when they retire, the child will provide for them and they'll help raise the grandkid. Clearly a Chinese person with this expectation would be a lot more likely to answer in the affirmative to whether they'll ever retire, compared to places like US where it is far less common for elderly to become part of their child's household while still relatively young and healthy.