AGE AND DISABILITY RETIREMENT
It's A Great Life If You Can Afford To Pay
INTRODUCTION
It was thirty years ago, and not so far away.
I was a Casework Outreach Supervisor; and soon to be Director of a Senior Adult Service Agency.
The agency employed Senior Adults as Outreach Workers, recruited volunteers, solicited organized resources, and launched a wide variety of direct client services to the disabled, homebound, and Senior Adults living in the city.
With the exception of myself and a Secretary, the next youngest person on our staff was the Data Clerk at 62 years of age.
Everyone else was older, and most were substantially older.
Each and every Senior had retired [first] at age 65 years:
Everyone and everything was in place, to the best of their ability.
- Money in the bank.
- Home paid free and clear.
- Their last car purchased.
- All purchases by cash/ no payments.
- Insurance in place.
- Everyone in good health.
By age 75 years they were back in post retirement employment.
- Savings gone.
- Home Mortgaged.
- Their car sold.
- All purchases by cash.
- All payments health and medical related.
- Insurance gone.
- One catastrophic illness and only one survivor.
Drawn From That Experience The Following
Observations Still Remain Today:
[1967 to 1998].
1. Social Security Is Neither Social or Secure.
2. Social Security Is A Ponzzi Game.
3. In The Face Of Catastrophic Illness Or Disability, Medicare Covers 80% Of Nothing.
4. Everyone Retires With Plans Made And Resources In Place.
5. It Only Takes One Catstophic Disease Or A Lingering Disability To Wipeout The Survivor's Assets And Retirement.
6. You Can Buy Catastriphic Insurance Only By Specific Condition And On The Installment Plan.
The Policy Is Robbery And The Catastrophe Is The Insurance Benefits Will Never Be Seen.
7. Retirement Is A Great Life If You Can Afford To Pay.
8. Two Do Not Live Cheaper Than One; Only Better And Longer.
If you read this online from the Internet this probably Does Not Apply To You.
However, you probably know Someone Who Will Benefit.
So Pass It On.
To Be Continued
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GOOD HUNTING AND ENJOY!
SUPERADAPTOID.
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06-28-98