Video: The 401kon

That would make an excellent book title.

Wise Boomer. They hated him because he told the truth.

I like being able to praise the salty Boomers who hate hippies too.

The implosion of smug socialist desk jockey’s “pension pot” will bring joy to both our hearts.

No such thing as blue chip, crybabies.

The collusion of Gov and Biz alone should be a NOOOOOPE, HELL NO.

Here we have an application of one of my rules of life:

If a socialist encourages you to do it, it’s probably bad for you.

With the central bank pressure, multicultural societies are being changed into Third World countries, by living standard. Chug your cockroach ‘milk’ and eat your vegetable oil ‘burger’. They’ve been selling you ‘junk food’, called as much, for years and you’ll eat this too. Hey, if you wanted a melting pot, don’t taste it – that’s shit soup. Put whatever else you want in there, you’ll still only taste the shit.

Libertarians, try tasting your own soup, son!

They planned 50s spending habits forever – with 50s families, and 50s national IQ, and 50s infrastructure… bubble of everything indeed. Do you really think the Coca Cola of now is worth so much more than in 1952?

Fun fact: on the insurance forms, this LA climate thing will be legally recorded as an Act of God.

Slow slide into Communism

https://www.thesun.co.uk/money/6635715/over-40s-tax-how-would-social-care-premium-work-retired-people-pay/
No, all adults should pay it.
All adults are aging.
Not fair. Not equal.

40 is the weirdest cut-off.
Young Communists should pay too!*

Most on meds are young people on psych meds!

(Who wants to tell Gen Y they won’t retire and it isn’t a legal right?)*

If only we had a glorious National Health system!

Right?

A National Insurance system?

Single insurance, much cheaper, like quality-topping France, would be such a burden compared to all these taxes, right?

And the admin cash, lost forever.

Why don’t they force you to pick a position on the wings in your census and that corresponds to how much tax you have to pay (and it’s public info).

The calculation is simple – do you believe you could invest in yourself better than the Government?

Morally flawless, easy to implement and no excess admin.

The solution to Big Pensions – angels of death

http://www.breitbart.com/london/2018/04/20/dutch-probe-appalling-euthanasia-dementia-patient/

Angels of death are a special type of serial killer that operate in a medical setting and pretend it’s an act of mercy.

Dementia has no solid definition, by the way. Regular eccentricity is counted.

So one day, if you’re a burden on the State, they might drug your coffee.

To hold you down for the lethal injection.

But if you suggest the death penalty for gang rapists, that’s just evil.

After “living cadavers” and organ donation, you should’ve seen this coming.
Statism always ends up in a vast body count, it feeds off human beings.

Why Big Pensions kill societies

http://anepigone.blogspot.co.uk/2005/10/numbers-game-is-life-or-death.html

Of all the welfare, it’s the biggest and most undeserved chunk.

Unlike a child, they could work.

Unlike a child, they could have saved.

Unlike a child, they demand non-relatives with no control over their existence to slave for them.

It is impossible to continue a society with any prosperity while the old votes themselves in the lifeblood of the young. There should be a sane limit on all pensions so we can’t fund them out of debt, at least. We talk about genocide and this is a genocidal condition – its effect literally suppresses the birth rate.

Gen Y cannot afford to have children, look around.

Gen Y cannot afford to get married either, which ought to come first.

Gen Y can barely even afford to move out. These are facts.

There has been too much inter-generational theft – sorry – wealth transfer. It’s ageist. They don’t deserve all kinds of free shit because they survived a certain number of solar cycles.

The elderly now are the most spoiled in history. It shows.

No generation before had the luxuries they do. Still, they want more.

Nobody after will enjoy the same either. A huge shift of redpilling in the young as they figure this out.

Softly, softly.

https://www.theguardian.com/world/2016/mar/07/generation-y-pay-price-baby-boomer-pensions

It killed Rome, it’s killing us. I think it’s absurd to expect someone else’s children should fund your dotage. It’s the most negative manifestation of nationalism. I am your neighbour, I owe you fuck-all because of that coincidence. An Englishman’s home is his castle, and we hate intruders (including relatives).

I will find it particularly sweet when the public sector workers don’t get paid by Daddy Government. Let the police blame the teachers, the teachers blame the unions, the unions blame the police. Let them at one another, all screaming LEECH. Let’s see how much they love their socialist whip hands then.

https://www.theguardian.com/membership/2017/jan/23/saving-retirement-pension-generation-old-age

https://www.standard.co.uk/lifestyle/london-life/is-this-why-millennials-arent-having-babies-a3288601.html

Quick question: Do you currently have over $245,000 (£180,000) in your bank account? That’s how much the U.S. Department of Agriculture projected it would cost a middle-income couple to raise a child to the age of 18 in 2013. For higher-income families, that cost ballooned to $455,000 (£330,000).

Might be?

And that’s ONE child. We aren’t even talking replacement.

I heard a very shrewd man say “marriage is for the rich” and he’s spot on.

Who made it so expensive to have kids?

The Boomers. Pressure on all things wedding, baby and schooling.
Oh, but the fertile nulliparous workers are being taxed to pay for other children’s food/shelter and schooling. We’re literally rewarding the stupid fuckers. Forcing us to barely get by and never save, as a generation. So you can’t borrow the money (it’ll go up) and you’re being leeched off and you can’t save.

Not to mention, if men choose to never propose, baby machine isn’t getting switched on. Ever. K-women need that security. The anti-natal propaganda has worked just fine on many of the dunces among men, who are literally committing genetic suicide but tell themselves it’s a good thing. They might as well self-castrate. Gods like Zeus weren’t revered for fucking around, if you actually read they were revered for their fertility – making lots of heirs.

When the Baby Boomers complain “their” pensions disappeared, we can all point and laugh. “Yep, that’s what you get when you genocide your own children.” We know many of the immigrant children are not being supported by working parents. So they will never support the pension system either.

It’s already happening. We in the West have done all the worst things possible – abortion, easy divorce, adultery, fornication with abortifacients (still counts) and medicine exclusively to keep the old and infirm a burden on the workers.

Now there’s a baby bust, apparently. Three generations in the making. Thanks, Sexual Revolution!

https://www.populationmatters.org/fewer-uk-births-deaths-2016/

https://www.zerohedge.com/news/2017-11-22/millennials-have-ushered-baby-bust-cycle

It just so happens to coincide with handing out birth control like Smarties.

Do the people pretending to care about population replacement want to restrict birth control, the way it was originally intended? To just married parents who didn’t want more? Nope, and those degenerate single people are part of the problem. Their ride on the gravy train will be over pretty soon too. Almost everything we fund presently is temporary, inc. STD and abortion clinics. So these things will correct in the coming years but it won’t be pretty. I’m just saying we take the bitter pill now (including my lot, that did nothing wrong but be born) instead of the fatal one later. That would be logical… so everyone fights me on this.

Selling our country (literally, the land) has priced out the fertile natives.

https://www.citylab.com/life/2018/02/a-fix-to-the-uk-housing-crunch-have-more-money/553574/

Yay, more genocide.

It’s impossible to push against more than one of these trends. They’re bigger than people.

Where are the kids meant to live? School catchment areas? I read about those recently for a friend and they’re a huge factor in pricing (basically the more white an area, the better the hospitals, schools etc, low crime). A premium for the rarity of living among one’s own. It never used to be expensive because it never used to be a rarity.

The fact you can get welfare to live in London, paid for by people who can’t afford to, floors me.

https://www.independent.co.uk/travel/news-and-advice/millennials-travelling-houses-cant-afford-property-prices-industry-experts-contiki-u-by-uniworld-g-a8090891.html

https://www.dailytelegraph.com.au/rendezview/ten-reasons-your-kid-cant-buy-a-house-and-why-youre-to-blame/news-story/725ee80a0d88754e299198e774ec95d5

The parents/grandparents would rather live in undeserved luxury than provide for the spawn they didn’t abort.

This world makes me sick.

These forces cannot continue much longer. It’s impossible to do the right thing.

The worst pressure amounting to white genocide comes from older white people. This is how Empires fall.

In a world where you can’t even sit down for an ice cream to calm down, even Ben & Jerry’s ice cream contains pesticides that reduce your fertility and the drinking water includes birth control. That is disgusting. Ban it on environmental grounds alone.

Millennials and socialism?

This isn’t as clear-cut a connection as people claim. Many don’t even know what socialism is, raising the possibility they’re simply parroting the utopian views force-fed to us by fat schoolteachers, themselves the epitome of socialist handouts.

http://www.zerohedge.com/news/2017-11-02/millennials-prefer-socialism-capitalism

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ANYONE supports redistribution when all the jobs have left to foreign countries because the corporate Banksters can hire work at slave wages….
Ah, the national traitors for globalization!

Speaking of money, the robot ETF doesn’t think much of the market’s value.
Haha, stupid robot, right?

http://www.zerohedge.com/news/2017-11-02/just-short-robots

Neither do Millennials, who don’t invest in stock even if we scrape the coin.

http://www.barrons.com/articles/why-wont-millennials-embrace-the-stock-market-1501533989

There is too much trust in nice-seeming authority, especially teachers.

The social side is for social media approval (those flags), financially there is more conservatism, as you’d expect of a miserly Hero generation.

http://www.latimes.com/science/sciencenow/la-sci-sn-millennials-politics-conservative-20160907-snap-story.html

On the contrary, according to a new study, a larger percentage of millennials identified as conservative during their last year of high school than did Baby Boomers and GenXers when they were the same age.

Hard times, harder amygdala.

The socialist Millennials are overwhelmingly middle-class, living off Mammy and Pappy, they already know it’s possible according to their lifestyle. They’re champagne socialists.

https://www.nakedcapitalism.com/2016/03/millennials-like-socialism-until-they-get-jobs-or-until-a-pollster-tells-them-that-it-would-mean-tax-increases-but-doesnt-tell-them-for-example-that-the-tax-increases-would-repla.html

However, statistically, their parents are paying for them out of debt.
Debt they will inherit. They expect they’ll inherit their parents’ nest egg. Their parents took their parents’ nest egg and spent it.

Nobody has savings anymore.

https://www.cnbc.com/2017/06/06/68-percent-of-millennials-expect-an-inheritance-only-40-percent-of-them-will-get.html

According to Natixis, “44 percent of Boomers don’t have a will; over half [57 percent] don’t expect to have money left to pass on,” whereas “another 35 percent plan to spend whatever money that’s left on themselves.”

Meanwhile, 24 percent of Boomers expect that “contributions from children” will play an important role in funding their retirement. No word on whether, or how, millennials are anticipating handling that expense.

Those numbers (40% receive) are too high and debt on supposed assets will be higher from mismanagement.

http://www.huffingtonpost.ca/2016/02/29/millennials-inheritance-vancity_n_9350334.html

Nearly 40 per cent of the younger generation expects an inheritance of at least $300,000 from their mom and dad, according to Vancity credit union.

However, only 12 per cent of parents said they’ll be able to leave that much behind.

Sounds more like it.

https://millennialmoney.com/are-millennials-fucked/

Yes.

http://fortune.com/2015/04/29/why-millennials-and-the-depression-era-generation-are-more-similar-than-you-think/

http://www.mlive.com/news/grand-rapids/index.ssf/2017/01/economist_baby_boomers_must_di.html

 With that culture in place, and the amount of us, it’s just an unsupportable mathematical problem.

“Do you remember the solution?” he asked the crowd gathered for his presentation.

A young voice near the front piped up with an answer.

“That’s right, we baby boomers must die,” Beaulieu said.

But Boomers refuse to die, they’ll buy as much Obamacare as possible.

http://www.digitaljournal.com/life/health/boomers-gen-xers-millennials-gen-z-healthcare-expectations/article/497028

Boomers are not necessarily in the best of health, with lives affected by being too sedentary work but with too much stress; added by diets rich in sugary food. This means they have healthcare needs.

No, you’ll be rolled off the cliff for that entitlement complex.
We’re exercising and eating healthy so we aren’t a burden ourselves.

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC1464018/

A major public policy concern in the long-term care field is the potential burden an aging society will place on the care-giving system and public finances. The “2030 problem” involves the challenge of assuring that sufficient resources and an effective service system are available in thirty years, when the elderly population is twice what it is today.

Much of this growth will be prompted by the aging of the Baby Boomers, who in 2030 will be aged 66 to 84—the “young old”—and will number 61 million people. In addition to the Baby Boomers, those born prior to 1946—the “oldest old”—will number 9million people in 2030.

Growth from debt, kids!
LESS MONEY = PROSPERITY.

https://www.theguardian.com/world/2016/mar/07/revealed-30-year-economic-betrayal-dragging-down-generation-y-income

The housing bubble has been bad for those who invested in their own property. Supply/demand.

When tax rates are not explicit, millennials say they’d prefer larger government offering more services (54 percent) to smaller government offering fewer services (43 percent). However when larger government offering more services is described as requiring high taxes, support flips and 57 percent of millennials opt for smaller government with fewer services and low taxes, while 41 percent prefer large government.

Millennials are completely selfish. TBH, nobody else cares about us.
We’re poorly educated, indebted by minimum education, rent is absurd, food is excessively expensive or kills you, the good jobs go to foreigners with two passports, the rentseeking happens based on everything but class and working overtime or multiple jobs is the norm. Part-time is often the only time available.

Wanting a bigger Gov temporarily in the hopes of grubbing some random cash is understandable.
We can’t plan long term and we know things like the stock market are going pop.

https://www.cnbc.com/2017/10/24/millennials-are-afraid-to-invest-in-the-stock-market-ally-finds.html

We see the immigrant competition gets all the preferential treatment from school until now.
Equal opportunities our tight asses.

http://www.telegraph.co.uk/news/uknews/8054436/Indians-and-Chinese-get-better-jobs-than-white-British-men.html

They get free Uni places, extra attention from teachers, grade boosts.

If they’re getting theirs, we wants ours, and fuck anyone who says that isn’t fair.
We already live under socialism, we just want one that’s actually equal.

Show this to any cocky millennials.

https://www.narcity.com/ca/on/toronto/feature/why-millennials-will-never-be-able-to-retire

 we may even be the first generation that won’t get to retire whatsoever.

Find may, replace will.

Why should I ruin my youth saving when Boomers, close to retirement age, haven’t saved a penny?

https://www.washingtonpost.com/news/get-there/wp/2017/01/12/youll-never-be-able-to-save-enough-for-retirement/

See, under socialism, theoretically you can afford a house, marrybreed and you can eventually retire.

That is the process. The bolded are what we really want.

“Advisers say that millennials, who are decades away from retirement, will need to save more — in some cases twice as much as they were saving before — to make up the difference.”

No bailouts for boomers, thank you.
You made that mess, you pull yourself out of it.

Gen X won’t be happy either.
http://time.com/3935428/this-is-why-gen-x-will-never-be-able-to-retire/

Millennials are definitely ruined by the ageism of the upper generations who were meant to keep the economy healthy for us.

https://www.marketwatch.com/story/millennials-may-be-headed-toward-their-own-retirement-crisis-2016-08-22

https://www.vice.com/en_uk/article/zn7z4y/uk-retirement-age-will-we-ever-have-pensions

On a recent episode of BBC podcast The Inquiry, economist David Blake said that the western world’s huge promises of comfortable retirements to successive generations has made US and UK governments “insolvent”. Even as they push back the retirement age to keep people paying in for longer, the root of the problem is an aging population. “The growing population of pensioners is being funded by a relatively shrinking number of people in employment”, says Paul Sweeting, a University of Kent actuarial science professor. “Something will have to give, and ultimately it’s likely to be the universal nature of the state pension.”

The idea of retirement, invented in Germany in the 19th century, is a relatively new one compared to how long old people have just been expected to break their backs in the fields until they drop. We don’t have any legal right to retirement, Sweeting says. “State pensions are just like any other benefit, which means the terms can be changed. Whether there’s a moral right for retirement and a state pension is another matter.”

Show those two paragraphs to any socialist.
Instant conversion, it’s fucking magic.

Think the workplace pensions will help?
Auto-enrollment pays the currently retired, it saves nothing for your pot and fills up a Boomer’s.

http://www.independent.co.uk/money/auto-enrolment-is-coming-why-would-you-want-to-opt-out-8190833.html

Why would you want 100% control of all your money, like some kind of working adult?

https://www.thetimes.co.uk/article/warning-over-pound3bn-pensions-scam-hzsl6t0jc2c

Will your employer even exist by the time you retire? They go under, maybe change their name?

You have NOTHING.

How safe is your workplace pension?

Why, oh why do Millennials want economic security? How illiterate.

https://www.pensionsadvisoryservice.org.uk/news/category/workplace-pensions/pensions-scams-the-scary-truth

Guardianista have no excuse.

https://www.theguardian.com/money/2009/apr/12/pensions-churchil-hargreaves-lansdown

Are pensions a waste of money?

Yes says Chris Gilchrist, a director of independent financial advisers Churchill

For most people, making pension contributions makes sense only if you were the kind of child who guzzled all the weekly sweet ration on the way back from the corner shop. Neither the tax relief nor income provision arguments for contributing to personal pension plans are valid. So the only convincing argument is that if you have access to your retirement savings you may spend them and end up poor in your old age, so you had better put your money where you can’t get at it.

https://www.lovemoney.com/news/16879/pension-saving-benefits-flawed

Saving for years to build up a £40,000 pension pot will leave you just £5 per week better off than if you lived on benefits. What’s the point?

And remember, the pension money is yours. The benefits money is someone else’s.

http://www.thisismoney.co.uk/money/pensions/article-2340386/One-pension-holders-think-retirement-waste-money.html

Disillusionment with pensions has led to a worrying proportion of savers describing the plans they are making for retirement as ‘a waste of money’.

Twelve per cent of pension savers over the age of 45 told insurer MetLife that they wish they hadn’t bothered saving for retirement, while another six per cent say they are unhappy with the investment returns on their savings.

The economy is punishing savers.

http://www.bbc.co.uk/news/business-11938045

And you could still end up in poverty, in part because the benefits system (inc. the cliff) won’t kick in to assist you if you have X of your own savings. ISA levels are insufficient in total to save for retirement. The system is rigged.

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I have advised my sons not to contribute to a pension plan because they will lose control over their own money. I have contributed to one since I was 28 and it has been a complete waste of money. The pension companies have taken huge management fees while investing unwisely. Even when the value of my pension was falling there was nothing I could do to save it – the money would have been better off in a building society.

They’re all good comments.

http://www.zerohedge.com/news/2017-11-02/why-socialism-dead

Can socialism be dead if it never was alive?

TLDR: It’s about survival. Economic principles come later.

We 1. can afford to wait and 2. should wait. See Best Post. You’d be a fool to invest in this system, best thing you can do is drain down the Beast, like your enemies already do.
Whitey can play Cloward-Piven too. We won’t replace it with Communism.
AD: Crackers, in need of cheese. For the sake of your sex/race/class, report to the welfare line immediately. Remember: what you don’t take, the terrorists win!

Can the media report this? No. This should clue you in. Do your duty, citizen.

Boomers paid by air

http://www.mauldineconomics.com/editorial/boomers-are-not-saving-enough-for-retirement-neither-is-the-government/

Thin, thin air.

Wall Street endlessly gushes about retirement. Its TV commercials show how wonderful life will be in our golden years—when we are old, yet still healthy and wealthy enough to go hang-gliding every day.

Meanwhile, out here in the real world, most working-age Americans don’t want to talk or even think about retirement. Often this is because they know they aren’t saving enough and probably will have to work until they drop dead.

This is the elephant in the room. 10,000 US Baby Boomers turn 65 every day. For most, life at that milestone won’t look much like the TV commercials.