Benefits or "entitlements" are part of our culture in America.
Nearly every one of us have received some form of entitlement, whether they be job-related or just something we get when we are down on our luck (unemployment, WIC, etc.).
If we are an elected official (Congressman, Senator, etc) we can collect all kinds of "perks" and a nice retirement after only a few short years of service.
If we are retired military, (anywhere from 15 - 30 or more years service) we can count on our retirement pay and medical benefits to be there for us forever.
We all as tax payers fund those benefits.
But if we just worked in the corporate world, we can count on SS only. Certainly not the 401's. (Ask Enron and Worldcom employees.)
Not everyone has company medical coverage and must pay a hefty monthly fee to provide their families with modest coverage.
There are some folks out there who are not quite as fortunate as the rest of us to have been fully vested in or could have contributed to 401 as well as the "fortunate sons" of America have.
MMM. Then again, perhaps we can simply stop SS and the old folks can rely on their children to support them in their old age! Yeah! That's the answer!
