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Your worst retirement nightmare …
Wow! My dad was here visiting over the holiday weekend, and in between a round of golf and some barbecuing, I showed him all the great comments flooding my blog.
He was amazed and relieved to hear that he is not alone. In fact, many of you said you are dealing with the very same issues he is!
Take Don, for instance: Super-low yields are threatening to destroy his standard of living …
Well said, Don! It’s a deadly squeeze — on one side, we have rising prices for food, energy and other necessities; on the other, pathetically low yields on the traditional income investments that retirees use to pay for these things.
The sickest part is that by keeping rates so darn low, the has CREATEDthis squeeze on purpose. The way I see it, Washington is presenting retirees with just two stark choices:
These are the guys who are supposed to have our nation’s best interests at heart?
It’s unbelievable! Worse yet, they’ve flat out told us that they don’t have any intention of changing their policy anytime soon!
Needless to say, I am not going to let my dad take huge risks OR starve — and I don’t want you to, either.
The great news is there are areas outside the Fed’s control — a whole world of investments that can give you both a high degree of safety and much better on your money.
I’ve proven over and over again to thousands and thousands of investors just how well conservative can do that. And they’re just the tip of the income iceberg!
Meanwhile, like me, David is worried about other family members. He says even though he has a decent nest egg he would really rather keep working as long as he can …
Many of the folks on my blog told me similar stories, like Allen who writes:
That’s my point. You have to get involved … not next year or someday … but right now. The stakes are simply too high to ignore this problem any longer.
Case in point: Last week I mentioned the possibility of long-term care for my dad, prompting bloggers like Lewis to ask,
Absolutely, Lewis! I would prefer to keep our family together if we can. But I have also seen situations where doing so was nearly impossible. So I still want us all to plan for the worst.
That brings me to today’s critical question:
What IS your worst-case retirement scenario?
And how are you preparing for it right now?
Click here to visit my blog and share your ideas with us —
and I’ll share some of mine with you as well!
>Americans Are The Most Sharing, Altruistic People Alive
What would you do?….you make the choice. Don’t look for a punch line, there isn’t one. Read it anyway. My question is: Would you have made the same choice?
At a fundraising dinner for a school that serves children with learning disabilities, the father of one of the students delivered a speech that would never be forgotten by all who attended. After extolling the school and its
dedicated staff, he offered a question:
‘When not interfered with by outside influences, everything nature doe s, is done with perfection.
Yet my son, Shay, cannot learn things as other children do. He cannot understand things as other children do.
Where is the natural order of things in my son?’
The audience was stilled by the query.
The father continued. ‘I believe that when a child like Shay, who was mentally and physically disabled comes into the world, an opportunity to realize true human nature presents itself, and it comes in the way other people treat that child.’
Then he told the following story:
Shay and I had walked past a park where some boys Shay knew were playing baseball. Shay asked, ‘Do you think they’ll let me play?’ I knew that most of the boys would not want someone like Shay on their team, but as a father I also understood that if my son were allowed to play, it would give him a much-needed sense of belonging and some confidence to be accepted by others in spite of his handicaps.
I approached one of the boys on the field and asked (not expecting much) if Shay could play. The boy looked around for guidance and said, ‘We’re losing by six runs and the game is in the eighth inning. I guess he can be on our team and we’ll try to put him in to bat in the ninth inning.’
Shay struggled over to the team’s bench and, with a broad smile, put on a team shirt. I watched with a small tear in my eye and warmth in my heart. The boys saw my joy at my son being accepted.
In the bottom of the eighth inning, Shay’s team scored a few runs but was still behind by three.
In the top of the ninth inning, Shay put on a glove and played in the right field. Even though no hits came his way, he was obviously ecstatic just to be in the game and on the field, grinning from ear to ear as I waved to him from the stands.
In the bottom of the ninth inning, Shay’s team scored again.
Now, with two outs and the bases loaded, the potential winning run was on base and Shay was scheduled to be next at bat.
At this juncture, do they let Shay bat and give away their chance to win the game?
Surprisingly, Shay was given the bat. Everyone knew that a hit was all but impossible because Shay didn’t even know how to hold the bat properly, much less connect with the ball.
However, as Shay steppedup to the
plate, the pitcher, recognizing that the other team was putting winning aside for this moment in Shay’s life, moved in a few steps to lob the ball in softly so Shay could at least make contact.
The first pitch came and Shay swung clumsily and missed.
The pitcher again took a few steps forward to toss the ball softly towards Shay.
As the pitch came in, Shay swung at the ball and hit a slow ground ball right back to the pitcher.
The game would now be over ..
The pitcher picked up the soft grounder and could have easily thrown the ball to the .
Shay would have been out and that would have been the end of the game.
Instead, the pitcher threw the ball right over the first baseman’s head, out of reach of all team mates.
Everyone from the stands and both teams started yelling, ‘Shay, run to first!
Run to first!’
Never in his life had Shay ever run that far, but he made it to first base.
He scampered down the baseline, wide-eyed and startled.
Everyone yelled, ‘Run to second, run to second!’
Catching his breath, Shay awkwardly ran towards second, gleaming and struggling to make it to the base.
By the time Shay rounded towards second base, the right fielder had the ball .. the smallest guy on their team who now had his first chance to be the hero for his team.
He could have thrown the ball to the second-baseman for the tag, but he understood the pitcher’s intentions so he, too, intentionally threw the ball high and far over the third-baseman’s head.
Shay ran toward third base deliriously as the runners ahead of him circled the bases toward home.
All were screaming, ‘Shay, Shay, Shay, all the Way Shay’
Shay reached third base because the opposing shortstop ran to help him by turning him in the direction of third base, and shouted, ‘Run to third!
Shay, run to third!’
As Shay rounded third, the boys from both teams, and the spectators, were on their feet screaming, ‘Shay, run home! Run home!’
Shay ran to home, stepped on the plate, and was cheered as the hero who hit the grand slam and won the game for his team
‘That day’, said the father softly with tears now rolling down his face, ‘the boys from both teams helped bring a piece of true love and hum anity into this world’.
Shay didn’t make it to another summer. He died that winter, having never forgotten being the hero and making me so happy, and coming home and seeing his Mother tearfully embrace her little hero of the day!
AND NOW A LITTLE FOOT NOTE TO THIS STORY:
We all send thousands of jokes through the e-mail without a second thought, but when it comes to sending messages about life choices, people hesitate.
The crude, vulgar, and often obscene pass freely through cyberspace, but public discussion about decency is too often suppressed in our schools and workplaces.
If you’re thinking about forwarding this message, chances are that you’re probably sorting out the people in your address book who aren’t the ‘appropriate’ ones to receive this type of message Well, the person who sent you this believes that we all can make a difference.
We all have thousands of20opportunities every single day to help realize the ‘natural order of things.’
So many seemingly trivial interactions between two people present us with a choice:
Do we pass along a little spark of love and humanity or do we pass up those opportunities and leave the world a little bit colder in the process?
A wise man once said every society is judged by how it treats it’s least fortunate amongst them.
If you can’t find something in this web site, please hit the COMMENTS button and tell us how we can change. Your input is valuable to us, let us know your views, or merely give us a simple thumbs up that we are doing what we can to make this an enjoyable blog. At any rate, we want to hear from you. Publisher, Don White