lol and think about what "the american dream" actually is. It means having a job and working 40 hours per week every week for 40 years a third of which the Federal Government gets right from the jump. Then the States gets in on it and then Social Security of course wan't their cut to "invest" for us on our behalf without yielding any interest and is only available once we have reached 65 or whatever age and the balance is forfeited if you die before reaching that age and isn't given to your next of kin.
Throughout this time you have diligently paid your mortgage to the bank who actually owns the house while also paying for the FULL assessed value when paying your personal property tax. A property that you do not own yet. Not the portion you have paid offs value but the entire thing. An asset that belongs to the bank that the bank itself does not have to pay taxes on.
Now at 65 the dream becomes a reality when can now retire from your 40 hour a week job, your mortgage you own has been paid off and you are allowed to have your interest free investment in small payments determined by the SSA (less taxes of course). The dream has been realized and you can do whatever you want with your time. However you are 65. What are you gonna do really? Your best days were spent working hard to pay for this and now that you have it you do not have your best days to enjoy it.
Oh, and you better have saved and invested well on your own because social security won't be enough to live a decent life oh and pay personal property and other taxes or medical needs that medicare may not cover and you will surely have at that age.
lol and think about what "the american dream" actually is. It means having a job and working 40 hours per week every week for 40 years a third of which the Federal Government gets right from the jump. Then the States gets in on it and then Social Security of course wan't their cut to "invest" for us on our behalf without yielding any interest and is only available once we have reached 65 or whatever age and the balance is forfeited if you die before reaching that age and isn't given to your next of kin.
Throughout this time you have diligently paid your mortgage to the bank who actually owns the house while also paying for the FULL assessed value when paying your personal property tax. A property that you do not own yet. Not the portion you have paid offs value but the entire thing. An asset that belongs to the bank that the bank itself does not have to pay taxes on.
Now at 65 the dream becomes a reality when can now retire from your 40 hour a week job, your mortgage you own has been paid off and you are allowed to have your interest free investment in small payments determined by the SSA (less taxes of course). The dream has been realized and you can do whatever you want with your time. However you are 65. What are you gonna do really? Your best days were spent working hard to pay for this and now that you have it you do not have your best days to enjoy it.
Oh, and you better have saved and invested well on your own because social security won't be enough to live a decent life oh and pay personal property and other taxes or medical needs that medicare may not cover and you will surely have at that age.