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Month: December 2012

Boomer Dis-Entitlement

Originally published in Flourishing July/August 2012 When I was growing up in the 1950’s, retirement as we think of it today was a rarity.  According to a poll taken in 1950, most workers aspired to work for as long as they were physically able.  Quitting was for the disabled and infirm, and so was Social Security.  Neither normal life nor the government offered decades of uninterrupted leisure. But, since 1960, the percentage of men over age sixty-five still working has been cut in half.  My own father, who was born… Read more Boomer Dis-Entitlement

Middle Class PPACA Taxes

Originally published in Flourishing July/August 2012  In a landmark decision announced on June 29, 2012, the 2010 Patient Protection and Affordable Care Act (PPACA) was declared by the U.S. Supreme Court to be “constitutional”.  With this precedent, it’s hard for me to imagine any Act of Congress that couldn’t clear the bar of constitutionality; but that’s a topic for another time.  The purpose of this article is to begin to outline the costs to middle-class taxpayers of the PPACA. First, there is the penalty—correction, the surtax—on not buying “qualifying” health… Read more Middle Class PPACA Taxes

I’ll Retire When . . .

Originally published in Flourishing July/August 2012 I’m often asked, “When do you plan to retire?”  My gut reaction to that question is, “Why would I want to do that?”  But, you deserve a better answer. So, when I look in the mirror every morning, I see white hair, where black hair once flourished.  I see wrinkles and age spots, and scar tissue, too.  Linda says my backside looks like my dad’s—I don’t think that’s a compliment.  I suppose these things should bother me, but they don’t.  When I look in… Read more I’ll Retire When . . .