Tag Archives: social security

Wondering If (Not When) I’ll Be Able To Retire

When I was a kid, my parents worked hard. Even at a young age, I could tell. My dad would wake up extra early, often before the sun rose, to prepare for work. My mother would do the same, often leaving just as my school bus arrived. They didn’t always work late, but they worked long enough days that required me to go to daycare or an afterschool program for many years. And even when I was old enough to be home alone after school, I was expected to help out and do a few chores before they got home.

It wasn’t until after high school that I came to appreciate how hard they worked to provide for their family. So, a few years back when they finally got a chance to retire, I gladly celebrated with them. They had more than earned the opportunity to stop working, enjoy their golden years, and dedicate their time to someone other than their employer.

Since then, I can’t deny they’ve made retirement look very enticing. My father, who once woke up at the crack of dawn every morning, now regularly sleeps in past 8:00 a.m. My mother, who spent decades working in an office and navigating rush-hour traffic, now spends her mornings in a bath robe drinking tea and reading the paper.

They don’t worry about what their clients, supervisors, colleagues, or customers will throw at them next.

They don’t worry about driving through rush-hour traffic, agonizing over deadlines, or dreading their next performance review.

Retired life is just life, as they see fit. And I’m glad they have a chance to enjoy it because not everyone gets that chance. And after a spike during the COVID-19 pandemic, fewer people are retiring. Their reasons for doing so vary, but each passing year seems to bring more challenges to retirement. There are even some influential voices who scoff at the very idea of retirement altogether.

In many ways, I consider myself lucky. Unlike many of my peers, I don’t have any student loan debt. I managed to pay that off by living at home during a good chunk of my 20s and basically dedicating over half my paychecks for my first job towards paying it down. That, alone, puts me in a very small percentile of people in my age range.

But even without my student loan debt, I’m not at all certain my current retirement plans will allow me to retire the same way my parents did. And even if I did, I’m not sure how long that plan would last for me when accounting for inflation, economic trends, and the never-ending political battle over social security.

If I were to retire at 67, which is the age in which Americans my age qualify for full social security benefits, I would probably be fine for a few years. The money I’ve saved, the lifestyle I enjoy, and the monthly costs in my general area would be manageable.

However, if there’s a major economic downturn, as there often in any given decade, or a significant bump in inflation, which happens regularly on a global scale, then my current retirement plan would not be sustainable after a number of years. I would either have to get more benefits from the government, spend more of my savings, or find another way to earn money.

None of those options are more than temporary solutions, nor are they as appealing as my parents’ retired life. At the moment, I don’t know and can’t know how viable my retirement plan is in the long run. I also have to assume that I’m not going to strike it rich at any point in the future. Short of winning the lottery, becoming a best-selling author, or seeing my YouTube channel explode in popularity, I just don’t think such wealth is in the cards for me.

I still have many productive years ahead of me. And I don’t doubt for a second the world will be a very different place by the time I’m nearing retirement age. For all I know, artificial intelligence will have completely reshaped the economy in ways I cannot begin to imagine.

Advances in biotechnology might ensure people like me don’t have to worry about the ravages of old age. Something like that is sure to further complicate any plans for retirement. I’m sure there are many wealthy, well-connected people who would love nothing more than to have workforce that stays young, healthy, and able to work for decades if not centuries on end. If that somehow becomes the norm by the time I reach retirement age, then something will have gone horribly wrong with the world and retirement would be the last thing on my mind.

But for now, I’m not going to work under the assumption that advanced AI or biotechnology will create a wholly utopian world where nobody has to work, no matter their age. And even if that technology does exist in some form, I’m not going to assume I’ll be in a position to take advantage of it before the rich and well-connected.

Again, I don’t know what the next 30 years has in store for the world. I don’t even know what things will be like 5 years from now. But I honestly would like to retire at some point. I would like to enjoy my golden years as much as my parents, not having to build a good chunk of my week around work. I’m currently planning and saving as best I can to give me that chance.

Will those plans ultimately pan out as I hope? Only time will tell.

I’m certainly hoping for the best and I’m working just as hard for it. But I’m also bracing for the worst. I just hope it doesn’t take the form of me working until my dying breath.

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Universal Basic Income: A Sexy Idea For The Future?

Whenever a bold, ambitious new ideas comes along, there are sure to be skeptics and critics. It’s an unfortunate part of human nature. Our caveman brains get too comfortable with a situation, even if that situation is terrible and involves us shitting in a ditch. We’ll resist change at every turn until it becomes exceedingly inconvenient.

While I imagine there was plenty of resistance to those who introduced ideas like democracy, gender equality, and circumcision, some ideas make so much sense that people have to go out of their way to make excuses. Granted, they’ll still find those excuses. People are tragically adept at clinging to outdated ideas, even when they’ve been thoroughly debunked. Just look at creationists.

There’s no question that our current situation in the world has room for improvement. It’s true, although you’d never know it by watching Fox News for more than five minutes, that the human race is getting better. It’s also true that there’s still a lot of suffering.

According to GlobalIssues.org, there are over one billion people living in poverty. I’m not just talking about the kind of poverty that makes a Big Mac seem like a luxury either. According to UNICEF, around 21,000 children die a day because of poverty-related issues. I think most of us can agree that when children are dying, it’s a big freaking issue.

Even rich countries, like the United States, can’t escape the effects of poverty. According to the most recent census data, about 13.5 percent of the population, which amounts to approximately 43.1 million people, are living in poverty. For a country where people get rich for making a pet rock, that’s just inexcusable.

Poverty is a very serious, very unsexy issue. I could spend multiple posts whining and lamenting about the breadth of this problem. However, if you’ve been following this blog for any length of time, you know I find whining to be right up there with dry heaves, severe head trauma, and clown porn in terms of utterly unsexy wastes of time.

I’m not big on lamenting over problems. I like contemplating the solutions. The crazy creative side in me that comes up with sexy stories just loves to imagine bold new ways to solve overwhelming problems. Could there be such a solution to a problem as big as poverty? Well, there might be and it’s not just some crazy musing of an aspiring erotica/romance writer.

Ladies, gentlemen, and those of unspecified gender, I give you the Universal Basic Income. Like assless chaps, it’s exactly what it sounds like. It’s the idea that the state shouldn’t waste time trying to distribute resources based on need, requiring a bureaucracy that makes the DMV look like a goddamn day spa. Instead, it should just provide a bare minimum cash payment to every citizen, regardless of wealth or need.

If that sounds too simple, then don’t bother bracing yourself. For once, it really is that simple. If you’re a legal citizen, you get a monthly cash payment. It’s not enough to help you afford a golden toilet seat, but it is enough to keep you from starving to death.

If it sounds familiar, it should. The United States has had something similar, but it’s reserved for those lucky enough to live beyond a certain age. It’s called Social Security and, by and large, it’s one of the most popular social programs the United States has ever created. Yes, it’s even more popular than programs that study the economic structures of World of Warcraft.

A Universal Basic Income, or UBI for those who hate excessive syllables, just takes social security a step further. It ditches the whole age requirement, exotic math formulas, and bureaucracy components and just gives a simple, flat payment to everyone. It could come in the mail. It could be sent via PayPal. Even the government can’t screw that up too much.

If it sounds like the kind of radical idea that emerged from one of Bernie Sanders’ fever dreams, then settle down and drink some tea. This idea is actually older than 99 percent of all the nations that currently exist today. Like so many other crazy ideas, it emerged in different times under a different label.

Way back in 483 BC, a time when Bernie Sanders was still fighting for the rights of serfs and peasants, the ancient Athenians came up with something called a Citizens Dividend. It’s basically the same concept, saying that the state should pay its citizens for its use of communal property and various resources.

Sure, the Athenians didn’t adopt the idea and went back to warring with the Persians, but the concept didn’t end there. It re-emerged again through the works of an influential Founding Father by the name of Thomas Paine, a man Glen Beck goes out of his way to admire.

In his essay, “Agrarian Justice,” Paine argues for a citizens dividend wherein the wealth of some obscenely rich landowners would go to some of the poorer citizens to alleviate poverty. It wasn’t a universal income, but it was a method for raising the floor, so to speak, on the poorest citizens.

Again, it wasn’t adopted and for good reason. Rich landowners generally don’t like the idea of having the government take their money and give it to poor people. That has never sat well with super rich folk who need these poor people toiling in the fields so they can bathe in gold and concubines.

However, that might be changing because, unlike the days of Ancient Athens and Thomas Paine, technology is making it so we don’t need a massive underclass of peasants toiling in factories or in fields. Machines are rapidly becoming advanced to a point where even jobs such as trucking, mining, and ordering a Big Mac is destined to become automated.

Last year, the White House issued a report that stated that approximately 47 percent of the existing jobs will become automated in the next decade or so. That’s a lot of jobs that will leave a lot of people out of work with no money and nothing to do. That’s a recipe for disaster, as those enduring Greece’s recent economic troubles can attest.

The UBI could be a way to effectively bridge the gap between the era of making poor people work their asses off to prop up the rich and the era where machines do all the work so people can do more productive things with their time. That means more time for aspiring erotica/romance writers to write sexy stories. Isn’t that a future worth fighting for?

This isn’t just a matter of technology. This is basic economics. Machines don’t get tired, don’t take sick days, and until Skynet becomes active, they don’t unionize. Why else would Amazon be investing so heavily in using robots to operate its warehouses? At some point, you won’t be able to blame immigrants or minorities for taking your job. It’ll be a robot and you’re not going to win a fight with a robot.

So long as automation increases profits and efficiency, it’ll keep happening. Along the way, more and more people will struggle to find work. Sure, those who are well-educated and well-connected will find something to do, even if it means just getting grossly overpaid for speaking gigs. For everyone else, though, the options are limited.

The UBI could be the key to truly alleviating poverty on a mass scale while providing even more incentives to get machines to do the work that crushes one too many souls. It will require a rough transition. A UBI doesn’t exactly fit with the old “Protestant Work Ethic” that some people still go by, but like the Catholic Church’s position on masturbation, it might be one of those concepts we just shrug off.

A world where people don’t have to work to survive is a very different world, one that’s hard to imagine in an America that glorifies working yourself to death while those lazy Europeans enjoy things like paid vacation, maternity leave, and unlimited sick time. However, that image will eventually clash with trends in technology and our need to alleviate poverty to keep society from strangling itself.

This is a world I do hope to see in my lifetime. I may be old, gray, and shitting in bags by then, but I’d like to see what this world would inspire. Would not having to work as much or as hard mean more meaningful relationships? Would it mean more time for sex and intimacy? We can only hope. As always, though, an aspiring erotica/romance can come up with some pretty kinky fantasies.

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