Monday, October 31, 2011

Really

Anonymous comments on my posts fall on deaf ears.  Or at least they should. 

Who the Hell do you think you are?  Not only do you not know me, you are an Idiot!

"If you don't need Social Security why steal it from those who do."

Hey, Ass Wipe, just for Shits and Giggles I will respond.

I am a Baby Boomer born  in 1953 to a Navy veteran of WWII.  My father spent his tour of duty, defending your right to be the Village Idiot, in the bowels of an aircraft carrier as a fireman.  Sorry, Moron, he didn't put out fires, he stoked them.  Shoveling coal into the firebox to power the ship to the hot spots of the day.

My first job, paying into Social Security, was in 1965.  Do the math.  I'll wait while you get the calculator.



That's right. 12 years old.  Pop took me to work to get me out of Mom's hair.  What could a 12 year old do?  He had me digging ditches with a pick and shovel.  In those  days plumbers had to dig ditches to install the pipes that took the likes of you to the wastewater treatment plant.  Pop called it Learning a Work Ethic.  Instead of being like you I learned what a days work entailed.  Not only learned, but thrived and enjoyed the challenge of outworking the next four people who showed up.  Never dug a ditch?  Never swung a pick?  That's a pity.

That experience led to becoming an apprentice plumber at age 18.  Opening my own plumbing business, out of my own pocket, at 28 during a recession and employing 6 people.  During that time I payed both half's of my own Social Security taxes and the business half for six other people.  I am an expert on paying Social Security taxes based on my experience.

At 40 I went to college for the first time and received my teaching degree.  Been doing that for fifteen years now and am looking to be done in 2015 at 62 and collecting Social Security  regardless of if I need it or not.

You see Idiot, I will have payed into the system, at that time, for 50 years.  Never once have I questioned why they held the money from me, or why I had to pay for myself and employees, I followed the program.  All that time and I have heard and seen Morons like you milk the system and question how those who payed in should get anything back. 

Now, when I am getting close to collecting my Government is, also, suggesting I am somehow anti-American for wanting to start collecting "early".  They have given so much to so many who haven't earned it they expect those who have payed to continue to pay.  If I have payed into the system for 50 years why should I work an additional 8 years to fund Idiots like you? Whether I 'need' it or not isn't at issue.  Only a total Moron would believe that I am getting ready to "Steal" anything from someone who needs it.  The program was put in place to supplement retirement because the general public couldn't be trusted to take care of themselves.  You, Dumb Shit, are living proof that FDR was right about trusting people.

My only apology and regret is I don't know who you are, so I can personally kick your ass.

Sunday, October 30, 2011

Fleecing of the Sheeple II

The big push I have been hearing and reading is don't retire and collect Social Security until you are 70 and you will make an additional 45% a month. Looking at their figures of estimated payments bear that statement out. On paper. However, what does that mean in the real world?


Waiting until age 70
 
    1466                                                                            2650
    x  96  (months age 62-70)                                        -1,184  Difference a month         
140,736/2650 = 53.11 months to recoup already collected benefits

     1466                                             2650
x 149.11 (96+53.11)                      x  53.11
218,595.26                                  140,741.50   
  
At age 74.4 (62+12.4) a net gain of 77,853.76

At age 74.4………77,853.76/1,184 = 65.8 months/12 = 5.48 years to break even.

62 + 8(to age 70) + 4.4 (years to recoup collected) 5.48(to break even) = 79.8 years old = 17.8 years of retirement already enjoyed.


Again, lets make it simple.
These would be the total numbers at age 79.8 if starting at 62

        1466                                                         2650    
   x  213.6  (months age 62-79.8)                 x 117.6 (months age 70-79.8)
  313,137.76                                                311,640    
 
Total payments at age 79.8 = +1497.76 if started at age 62

I know, I know people will say what if you live to 90? You will lose money! You will ultimately be in the hole. I've thought about that and have some figures for you. Again, these are based on my personal age and the following chart comes directly from the Social Security office for my birth date:



Notice Social Security claims the older I get the longer I will live. How much of that is to convince people not to retire and enjoy the golden years? But, because I’m not easily convinced I looked further. This site: http://www.worldlifeexpectancy.com/usa/life-expectancy, says in Arizona the average Life expectancy is 77.4 total and 74.4 if a male. Ladies reading this need to know they are safe for an additional three years on average.


Using Social Security's longevity numbers, and live only to their numbers,  if I start at age 62 I would collect $362,395, at 66 $440,448, and at 70 $469,080. Makes it look like I am getting ready to make a huge mistake.

But from the other site, using a Life Expectancy average of 74 it would be $211,104 from 62, $190,464 from 66, and $127,200 from 70. Damn, maybe, just maybe, I'm not so dumb after all.

Besides those are the numbers. Pure and simple. Or is it? How is it possible that everything I have found and read on the Web and Government sites stop at this point and leave you with this thought....Here it is, make your decision, and hope, or pray, you are right. Why do I get the nagging feeling they are all leaving something out? They are all experts. They are looking out for our best interests. There can't be anything that all of them are missing, or leaving out, because they ARE the experts. But still.....I have the thought, the gut instinct, that I am becoming a Sheeple and am drinking from the trough of ignorance.

Friday, October 28, 2011

Fleecing of the Sheeple

Notice lately all the articles proposing that working stiffs should keep working until age 70? Figures touting that waiting until 70 will give you so much more money you can't afford to collect Social Security at age 62. Anyone done the math?

My brother-in-law sent Linda an article and suggested we should rethink our Plan. Let me show you what I found using my real world, personal, SS numbers that are the most current available;


At 62                                              At 66                               At 70

1,466                                             1,984                                2,650     Monthly Benefit



Waiting until age 66


1466        Difference a month         -518                               

x  48  (months between age 60-66)

70,368 / 1984(benefit at 66) = 35.5 months to recoup already collected benefits



     1466                                              1984

   x 83.5   (48+35.5)                         x 35.5

122,411                                          70,432      At age 69 (66+2.9) a net gain of $51,979  



At age 69………51,979/518 = 100.35 months/12 = 8.36 years to break even.



62 + 4(to age 66) +2.9(years to recoup collected) + 8.36(to break even) = 77.26 years old = 15.26 years of retirement already enjoyed.

Now some might not believe the math, so here it is in short, concise form.


These would be the total numbers at age 77.26 if starting at 62

     

      1466                                                   1984   

       183.12 (months age 62-77.26)            135.6   (months age 66-77.26)

    268,453.92                                          268,078.08  

Total payments collected at age 77.26 = +375.84 if started taking at age 62

That 25% a month bump doesn't look so good when it is compared to being free, as opposed to having to work an extra four years.

I'll look at waiting until 70 and life expectancy later. Right now I have to get ready to go to work. Only 42 more months of this for me and I'm done.

Sunday, October 23, 2011

Halloween Funny


A bald man with a wooden leg gets invited to a Halloween party. Wanting a costume that will hide his bald head and wooden leg, he writes to a costume company for help.  A few days later he received a parcel with the following note:

Dear Sir,
Please find enclosed a pirate's outfit. The spotted handkerchief will cover your bald head and, with your wooden leg, you will be just right as a pirate.

Very truly yours,
Acme Costume Co.

The man thinks this is terrible because it would emphasize his wooden leg. So he writes a letter of complaint. A week goes by and he receives another parcel and a note that says:

Dear Sir,
Please find enclosed a monk's costume. The long robe will cover your wooden leg and, with your bald head, you should really look the part.

Very truly yours,

Acme Costume Co.



Now the man is really upset since they have gone from emphasizing his wooden leg to emphasizing his bald head. So he writes the company another nasty letter of complaint. The next day he gets a small parcel and a note that reads:

Dear Sir,
We have TRIED our very BEST. Please find enclosed a bottle of molasses and a bag of crushed nuts. Pour the molasses over your bald head, pat on crushed nuts, stick your wooden leg up your ass and go as a caramel apple.

Very truly yours,
Acme Costume Co.

Sunday, October 9, 2011

Remembering

It has been a while.  Busy, Life, not any excuse except lack of anything to say?  Reasons are just excuses anyway. Sitting here on a Sunday evening waiting for tomorrow to drive down to Bisbee to recover a trailer and a dog. 

The blog has been on my mind for a while now and still no posts.  Boston Ann stopped by yesterday to drop off something for Linda and invited us over to hang out and share a few laughs, but after a full day of cleaning out the garage and shed it was to the neighborhood joint for a bite and beverage, home to a movie, and falling asleep.  BASTARD!!!!!!!!!

I penned this back on December 26, 2007. Two posts on one day! True, this is why I started to blog.  Sometimes a guy just needs to remember what the Hell is important to him.

Well, I thought I needed a blog. Why the hell does a 54 year old man need a blog you might wonder. The same reason everyone else does. Because it's there and I just might have something worth talking about and I need practice in my typing skills. The truth is, I decided this would be a good way to chronicle the  exploits on my Harley.


Yep, Harley. Wanted one when I was seventeen, but got a Honda 175 instead. Pappy finally gave in because the son of his boss was selling it. Got off to a great start too, when I rear ended a car at the first stoplight I was supposed to stop at. A wild eyed kid on a motorcycle for the first time, the wind in his eyes, Dad and sister following in the car, mister Big Shot himself, and BAM!!! It was a good thing that car was stopped for the light or I might have gone right through the intersection and my riding would have ended before it started. Pappy roared around me after I finally got it going again and made my first left hand turn and shouted out the window, "I'll see you at home if you make it that far." I did and here we are today.


Over the years I've had five Hondas from the 175 up to an Aspencade, a Suzuki, and now the Harley. The Aspencade at a time had a two passenger sidecar and trailer. The whole family, dad, mom, and both daughters went on trips on the motorcycle. The worst part of that was it took an hour to get gas because of the crowds that came to see how four people could possibly ride one motorcycle.


Finally, last February I spent my money on what I had really wanted for 36 years. Some folks don't believe that I am a man of patience, but I think waiting 36 years for something proves it. So now I am the proud owner of a 2003 100 Year Anniversary FLHTCI. My Electra Glide was purchased after searching for two months, riding sixteen different Harleys, and knowing I would find a bike that spoke to me. Finally I found it on Craig's List and scheduled a time to go the 60 miles to look at it. Can you believe that the day I was going to go it rained for the first time in 119 days in Phoenix? Not a sprinkle, a full out rain storm that lasted two days. I had to wait four days to go look at it and called to see if it was still available. It was and when I saw it I was shocked it was still there. A 70 year old guy had bought it in Minnesota new, added spoke wheels, wide white wall tires, and about $3,000 of other accessories. He trucked it to Arizona and took it out two times, in Apache Junction, and had to go into full lock up both times because of Snowbirds turning in front of him. He said he couldn't get back on it. When I say this bike was perfect it isn't just talk. It only had 3,987 miles on it and the tires still had the factory tits on the edges. Now ten months later it sits with 20,000 miles, ten new states it hadn't seen, a few more needed options like cruise control and highway pegs, and a great big book of maps of highways it hasn't seen yet.


Yep, I think I need this blog to help Petunia, I call her that because she's a Hog, tell the story of searching for the best, most fun highways that we can. That is my aim. I guess I might have to write about other things like the greatest grand babies in the world, but mostly this will be about the adventures of an old guy, a hog, and miles that haven't been ridden yet. Wave if you see me out on the highway.

Looking back I seem to have lost what I started this blog for. I want, and need, to get back to that motivation from four years ago. I need to get on Petunia, ride, experience the open road, and share the adventures with whoever may be interested. 

This is just the idle ramblings of  a biker who hasn't been biking.  I vow to change that!