Retirement confidence at record low, March 19, 2013, Worries include jobs debt living expenses rising health care cost Social Security cuts, Record percentage worried

Retirement confidence at record low, March 19, 2013, Worries include jobs debt living expenses rising health care cost Social Security cuts, Record percentage worried

“And so our goal on health care is, if we can get, instead of health care costs going up 6 percent a year, it’s going up at the level of inflation, maybe just slightly above inflation, we’ve made huge progress. And by the way, that is the single most important thing we could do in terms of reducing our deficit. That’s why we did it.”…Barack Obama

“The Patient Protection and Affordable Care Act (PPACA)[1] imposes numerous tax hikes that transfer more than $500 billion over 10 years—and more in the future—from hardworking American families and businesses to Congress for spending on new entitlements and subsidies. In addition, higher tax rates on working and investing will discourage economic growth both now and in the future, further lowering the standard of living.”…Heritage Foundation

“With a 63.7% labor force participation, “conditions in the labor market are considerably worse than indicated” in July’s report”…economist Joshua Shapiro, WSJ August 3, 2012

 

From CNN Money March 19, 2013.

“Retirement confidence at record low”

“They’re worried about their jobs, high debt levels and rising living expenses, according to a survey released Tuesday by the Employee Benefit Research Institute.

Only 13% of workers surveyed said they “feel very confident” that they will be able to retire comfortably — less than half the percentage reported in 2007.

Nearly half — 49% — said they were “not too” or “not at all” confident.”

“Debt is standing in the way of saving. More than half of workers reported having a problem with their level of debt, while only about half of those surveyed said they could definitely cover $2,000 worth of unexpected expenses within the next month.”

“Spiraling health care costs and long-term care expenses are also a growing concern.

In 2013, 29% of respondents expressed concern with their ability to cover medical costs in retirement, up from 24% last year.”

Read more:

http://money.cnn.com/2013/03/19/retirement/retirement-confidence/

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33 responses to “Retirement confidence at record low, March 19, 2013, Worries include jobs debt living expenses rising health care cost Social Security cuts, Record percentage worried

  1. citizenwells

    Good morning all.
    Obama hope & change.
    Young people who fell for Obama get some of the highest health care increases.
    Older people…..full impact scary

  2. citizenwells

    Perhaps the scariest spectre is for the very young and unborn who will inherit what is left of the mess.

  3. citizenwells

    A picture is worth a thousand words.
    The persons in the White House when the highs occurred.
    Carter & Obama.

  4. CW, perfect portrait of the diabolical usurper!

    And God save us from self anointed little “gods” purporting to be judges over good and law abiding people. Too bad they don’t realize that the laws they hold so high are powerless coming as they do from their phony “dear leader. Unfortunately such types won’t dare open the courts to take as clear a look at the evidence of his criminality.

    Judge overturns Mo. law on birth control coverage

    JEFFERSON CITY, Mo. (AP) — A federal judge has struck down a Missouri law exempting moral objectors from mandatory birth control coverage because it conflicts with an insurance requirement under President Barrack Obama’s health care law.

    The ruling by U.S. District Judge Audrey Fleissig cites a provision in the U.S. Constitution declaring that federal laws take precedence over contradictory state laws.

    http://hosted.ap.org/dynamic/stories/U/US_HEALTH_INSURANCE_BIRTH_CONTROL?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2013-03-18-19-16-32

  5. citizenwells | March 19, 2013 at 9:49 am |

    Perhaps the scariest spectre is for the very young and unborn who will
    inherit what is left of the mess.
    +++++++++++++++++++++
    Liberals might want to rethink their abortion policy.

    https://mail-attachment.googleusercontent.com/attachment/u/0/?ui=2&ik=04f11a6963&view=att&th=13d7f7f027ac7c78&attid=0.1&disp=inline&realattid=1429882987212701696-1&safe=1&zw&saduie=AG9B_P-d_O0MSfpU13OvMTUELoN9&sadet=1363645538089&sads=ww1xa3CAZDmS3ErsrWCzpjBC7tE&sadssc=1

  6. Mr. Bill(ms. helga)

    CW – Four signs occurred this week that proves we are in deep du-du.

    1 – The rich are getting richer. Chelsea (Clinton) and Marc Mezvinsky have traded in their 4 million NYC apartment for a 10 million dollar one. When less make more and more make less, then we are heading for a helluva mess.

    https://www.google.com/#hl=en&sugexp=les%3B&gs_rn=6&gs_ri=psy-ab&gs_mss=Chelsea%20Clinton's%20a&tok=g1_kqzvW_sKMWwpnK-s1YQ&pq=chelsea%20clinton's%20and%20ed's%20new%20apartment&cp=28&gs_id=7p&xhr=t&q=Chelsea%20Clinton's%20and%20Marc's%20new%20apartment&es_nrs=true&pf=p&sclient=psy-ab&oq=Chelsea+Clinton's+and+Marc's+new+apartment&gs_l=&pbx=1&bav=on.2,or.r_cp.r_qf.&bvm=bv.43828540,d.eWU&fp=bf27410606e94ef5&biw=1120&bih=616

    2 – Job losses. Airbus just got an order from Indonesia for 24 Billion Dollars in
    Airbus 380′s. This definitely hurts Boeing.

    https://www.google.com/#hl=en&sugexp=les%3B&gs_rn=6&gs_ri=psy-ab&gs_mss=Airbus%20gets&tok=Wg6oULmkymeIDGVADleSuw&pq=airbus%20gets%20in24%20billion%20contract&cp=12&gs_id=4a&xhr=t&q=Airbus%20gets%2024%20billion%20contract&es_nrs=true&pf=p&sclient=psy-ab&oq=Airbus+gets+24+billion+contract&gs_l=&pbx=1&bav=on.2,or.r_cp.r_qf.&bvm=bv.43828540,d.eWU&fp=bf27410606e94ef5&biw=1120&bih=616

    3 – Banking problems. Cyprus bank closings. This is just the beginning.

    https://www.google.com/#hl=en&sugexp=les%3B&gs_rn=6&gs_ri=psy-ab&gs_mss=Cyprus%20bank%20cl&tok=xRnGS-9NCWuj1RMDL0665g&cp=20&gs_id=28&xhr=t&q=Cyprus%20bank%20closings&es_nrs=true&pf=p&output=search&sclient=psy-ab&oq=Cyprus+bank+closings&gs_l=&pbx=1&bav=on.2,or.r_cp.r_qf.&bvm=bv.43828540,d.eWU&fp=bf27410606e94ef5&biw=1120&bih=616

    4 – The President(?) looks like the Devil

    https://www.google.com/#hl=en&sugexp=les%3B&gs_rn=6&gs_ri=psy-ab&gs_mss=President%20looks&tok=rg8d8B0hcYaGsPz_14uhwg&cp=30&gs_id=3m&xhr=t&q=President%20looks%20like%20the%20devil&es_nrs=true&pf=p&sclient=psy-ab&oq=President+looks+like+the+devil&gs_l=&pbx=1&bav=on.2,or.r_cp.r_qf.&bvm=bv.43828540,d.eWU&fp=bf27410606e94ef5&biw=1120&bih=616

  7. Cyprus is very disturbing…….I mean very! Anyone have a handle on this?

  8. The devil looking like Beelzabub is no surprise actually. A fly on his lip would have been a nice touch……….don’t ya think?

  9. HR3590 has more than 2000 pages but here is a summary, only 49 pages…..

    http://thomas.loc.gov/cgi-bin/bdquery/z?d111:HR03590:@@@D&summ2=3&

    There were 18 million people without healthcare insurance but Obamacare transforms the entire national health care system and affects all residents of the U.S., not just the 18 million. In the HR3590 summary, the words “Requires the Secretary” (of HHS) appear 98 times and “Directs the Secretary” appears 64 times. “Authorizes the Secretary” appears 30 times. The law gives a tremendous amount of power to one individual, Kathleen Sebelius, who “serves only at the will of the President” and was NOT elected by We, the People.

    It is Congress who makes the laws, NOT Katleen Sebelius and Not Barack Obama. Has Congress relinquished its Constitutional responsibility when it passed Obamacare? If so, they better take it back before it’s too late. This law clearly violates the Constitution and should be thrown out.

  10. The photo of obama looking like the devil is 100 percent on purpose. To get the buzz its getting. Nothing is by accident. Wake up we r being played

  11. Looks like most Zero sychophants don’t enjoy having a mirror placed in front of them:

    Carson: Prayer Breakfast Speech Brought Attacks from African-Americans

    World-renowned neurosurgeon Dr. Ben Carson said on Monday that he received many positive comments from his speech at the National Prayer Breakfast last month but that he also was attacked by many — including African-Americans — who resented his negative comments about President Barack Obama’s policies.

    “There were some from individuals who were relatively narrow-minded and sort of like to put people in categories and boxes and can’t understand why you would move off the reservation,” Carson, the director of pediatric neurosurgery at the Johns Hopkins University, told Fox’s Sean Hannity.

    “But I have been thrilled, because I have had so many of my African-American colleagues at Johns Hopkins and said, ‘You know, I’m a Democrat, but if you run, I’m certainly going to vote for you,’” he added. “I’m not saying anything about me running, but it is wonderful to know that there are some people who actually think for themselves and judge a person on the content of their character.”

    Read Latest Breaking News from Newsmax.com http://www.newsmax.com/Newsfront/Carson-Prayer-Breakfast-Speech/2013/03/19/id/495263#ixzz2O0HJb6cG
    Urgent: Should Obamacare Be Repealed? Vote Here Now!

  12. Observer @ 12:26

    Thinking for yourself is a wonderful thing………no matter what color you are.

  13. Mr. Bill(ms. helga)

    Another governmental mystery -

    “Lawmakers to Ask Where $62 Million Went for Unbuilt Ike Memorial”

    http://www.usnews.com/news/blogs/washington-whispers/2013/03/18/lawmakers-to-ask-where-62-million-went-for-unbuilt-ike-memorial

  14. Mr. Bill(ms. helga)

    Here is the last comment from CW’s last posting. Does anyone want to answer the Arizona Patriot?

    The Arizona Patriot | March 19, 2013 at 10:13 am |
    John “Babyface” McCain is not eleigible either. How many years does the lie “He was born on an American Army Base in Panama” have to continue?
    He was born in Colon Hospital 10 miles away from any base & even with that FACT, there is NOTHING in the U.S. Constitution that states that anyone born abroad for any reason is eligible.
    Americans, played like fools.

    My answer is SR511 in which Senator Leahy said “BOTH PARENTS” were U.S. Citizens. I had heard that anyone born to parents serving over seas at a military base or capacity was considered a NBC. Senator Obama was one of the original 5 or 6 Senators along with Hillary Clinton to sign 511.
    You can look it up. I noticed SR511 has been removed from wikipedia. CURIOUS!?!?

  15. Something that hasn’t as yet occurred to the clueless:

    Dr. Carson: Media Will Change When They Realize They’ll Also Be Destroyed If We Destroy This Nation

    Actually, I agree with Dr. Carson.

    Consider HBO’s Bill Maher saying on his program Friday that his taxes are now so high when you include what he pays in California that liberals could actually lose him.

    Clearly, the policies of this President and Democrats in California are finally hitting Maher’s wallet and making him think.

    If and when others in the media start feeling Maher’s kind of pain, now that Obama won’t face another election, their priorities will be more about themselves than him if and when the economy turns back down and starts to impact them more than the previous recession did.

    Stay tuned.

    Read more: http://newsbusters.org/blogs/noel-sheppard/2013/03/18/dr-carson-media-will-change-when-they-realize-theyll-also-be-destroye#ixzz2O0UExoxD

  16. Mr. Bill(ms. helga)

    ATTENTION CW – Out of curiosity I googled up “SR511″ and got NOTHING REFERRING to Senate Resolution 511. They have definitely buried it. However if you google up Senate Resolution 511 you will get info. Originally if you did SR511 you would get info and a wikipedia site. Big Brother is working overtime.

  17. “Bill O’Reilly Finally Admits Obama Keeping His College Records From Public View”

    http://obamareleaseyourrecords.blogspot.com/2013/03/bill-oreilly-obama-hidden-college-records.html

    3/18/2013

    “FLASHBACK: Bill O’Reilly Caught Lying About Obama’s Connecticut Social Security Number”

    4/13/11

  18. “Bill O’Reilly Busted; Caught Red-handed Lying About Obama’s Social Security Number Reserved For Connecticut Applicants”

    http://obamareleaseyourrecords.blogspot.com/2011/04/bill-oreilly-busted-caught-red-handed.html

  19. citizenwells

    Mr. Bill.
    Which is why we have to work so hard.

  20. (from prior thread)
    Mr. Bill(ms. helga) | March 19, 2013 at 8:33 am |
    And another “Chip off the old block” is coming along. The Clinton Chronicles was what started me on my own crusade.
    ************************
    Mr. Bill, the C. Chronicles had a very big influence on me also. In fact, I have a number of books re. the Clintons.

    Don’t you think that HR 511 was really meant to give cover to Obama? In other words, it was not about McCain as much as it was a clever disguise for O so that he could have free rein. In other words, HR was a ploy. Evil act indeed, and yet we do have an affirmation of NBC out of the mouths of prominent attorneys as a result.

  21. Mr. Bill(ms. helga)

    cabbyaz – Sort of like “Watergate”. While covering up a small crime they had to commit a larger one. BUT WE ALL WILL SUFFER.

  22. Mr. Bill(ms. helga)

    PS – cabbyaz – Do you have by any chance the book written by Larry Nichols who narrated most of the Clinton Chronicles. I went to a book signing of his for the book “The Genie Is Out Of The Bottle” and got a signed autograph one. This was in March, 2001. I haven’t read much on him lately.

  23. Mr. Bill(ms. helga)

    cabbyaz – Found this article on Larry Nichols.

    “Clinton Ain’t Leavin”

    http://rense.com/general5/nich.htm

    COMPARE THEN WITH NOW

  24. Mr. Bill(ms. helga)

    An exerpt from “Clinto Ain’t Leavin” by Larry Nichols -

    “No. Clinton wants assured power, and for a length of time he can leverage. He needs an emergency. He needs an excuse to launch F.E.M.A., and federal forces, under the titular command of Attorney-General Janet Reno. He has been manipulating the stock market for years, and when he is ready, and his strategy is in place, he will crash it. Crash it, because it suits his purposes. Not a slowdown, not a market adjustment. A crash.

    But the Crash of 2000 will just be a coincidence, won’t it? Lucky Bill! The people will have no choice but to let the government be sabotaged, when they have no gasoline for their cars, no heating oil for the winter, and no bread on the grocery store shelves. They will see armed men in uniform on the streets, and they will feel safe because stores aren’t being looted. They won’t understand there are real looters out there who will steal everything we have, with impunity. With immunity.”

    DOES THIS SOUND FAMILIAR???

  25. There is a lot of really bad stuff stewing in the kettle in Cyprus. If they move to confiscate PRIVATE wealth, the people who perpetrate it will probably end up being hung from filling station signs, just like Benito Mussolini was when Italy fell. But the action in and of itself could spark another Cyprus war. The worst part of all of this is that if you think that private wealth cannot be confiscated in America you could be WRONG. Money which is being held in IRAs, and 401 accounts will become PRIMARY TARGETS,since it is still UNTAXED WEALTH. The IRS could easily move to IMMEDIATELY confiscate at least 15% of the wealth contained in each account,if so ordered by the WH. But it would not end there. The total taken from these accounts,could exceed far beyond the 15%mentioned, particularly If there is any opposition to the confiscation. The value contained in the entire account could be declared a penalisation for the owner having attempted to stop the collection of alleged legal taxes due. IRA and 401 funds are not normally taxed until you draw the money,and then it is based upon the amount that you draw as is the case with an RMD. (REQUIRED MANDATORY DRAW). But the IRS could conceivably, demand that ALL of the tax be IMMEDIATELY paid upon all of the money in the account, in full,in one lump sum. If the government of Cypress does this then it won’t be long until it WILL be happening here in the US as well. Any untaxed funds will be at risk. Something to think about!

  26. Mr.Bill……………..
    Worse yet it ALL could be lurking just around the corner as we type. Really bad stuff going on in Cyprus,and Greece. When MONKEY SEES, MONKEY DOES. (WH).

  27. “Video Update: Carl Gallups Talks CPAC Meetings About Obama’s Identity Document Fraud”

    http://obamareleaseyourrecords.blogspot.com/2013/03/video-update-carl-gallups-talks-cpac.html

    Published on March 19, 2013

  28. Old Salt, I agree with your statement about the IRA’s. But, the Fed is effectively “taxing” our savings and our wealth now…without naming it a “tax”. With Bernacke’s infinite quantitative easing to the tune of billions/month and the sustained near zero interest rates, our dollars/wealth are diminishing rapidly. This is a very stealth tax that most are not aware of.

  29. Vallely is right on. You have to skip to about the middle to begin the topics.

    Thursday March 7, 2013

    Guests: Retired Maj. General Paul Vallely and Pastor Mike Hoggard

    Topics: Gen. Vallely discusses the latest North Korean threat, and Barack Obama’s private army. Pastor Hoggard talks about the Biblical meaning of the number seven.

    http://www.trunews.com/listen_now.htm

  30. Has any one seen this? Read the blue area where it shows this mans experience.

    http://www.goall.com/article/amazing-that-the-wash-post-would-actually-print-this-about-obama.html

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