FREEDOM OR ANARCHY,Campaign of Conscience.

Joseph F Barber | Create Your Badge
This blog does not promote, support, condone, encourage, advocate, nor in any way endorse any racist (or "racialist") ideologies, nor any armed and/or violent revolutionary, seditionist and/or terrorist activities. Any racial separatist or militant groups listed here are solely for reference and Opinions of multiple authors including Freedom or Anarchy Campaign of conscience.

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We provide Veteran, IN NEED WE PROVIDE FOOD ,CLOTHING,HOUSEING AND TRANSPORTATION TO AND FROM SCHOOL OR WORK,AS WELL AS LEGAL AND MEDICAL ASSISTANCE, IT IS OUR SINCERE HOPES THAT THE LOVE AND COMPASSION SHOWN THROUGH THE HEARTS AND COMPASSION OF THOSE WHO ASSIST IN THIS INDEVORE TO HELP YOUNG MEN AND WOMEN STAND FREE AND INDEPENDENT FROM THE THINGS THAT BROUGHT THEM TO OUR LIVES IS DONE SO THEY CAN LEAD PRODUCTIVE LIVES WITH FAITH AND FAMILY VALUES THEY SEE IN OUR OWN HOMES AS We SHARE OUR LIVES WITH THESE AND MANY YOUNG MEN & WOMEN.WE believe that to meet the challenges of our times, human beings will have to develop a greater sense of universal responsibility. Each of us must learn to work not just for one self, one's own family or one's nation, but for the benefit of all humankind. Universal responsibility is the key to human survival. It is the best foundation for world peace

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To all who have assisted in the past. Thank you. Your help is greatly appreciated. Peace and Joy.Founder Joseph F Barber

TOOL REPLACEMENT FUND

Help launch this campaign and become the first donor. WE HAVE HAD ALL OUR TOOLS STOLEN FROM US AND THEY ARE UNRECOVERABLE AND IT IS VITAL TO OUR EFFORTS THATY THESES TOOLS BE REPLACED ,THEY ARE THE MAIN SOURCE OF OUR REVENUE THAT SUPPORTS OUR EFFORTS TO HELP FEED HOUSE VETERANS & CITIZENS ALIKE

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Not For Profit - For Global Justice and The Fight to End Violence & Hunger world wide - Since 1999
"Liberty cannot be preserved without a general knowledge among the people" - John Adams - Second President - 1797 - 1801

This is the callout,This is the call to the Patriots,To stand up for all the ones who’ve been thrown away,This is the call to the all citizens ,Stand up!
Stand up and protect those who can not protect themselves our veterans ,the homeless & the forgotten take back our world today


To protect our independence, We take no government funds
Become A Supporting member of humanity to help end hunger and violence in our country,You have a right to live. You have a right to be. You have these rights regardless of money, health, social status, or class. You have these rights, man, woman, or child. These rights can never be taken away from you, they can only be infringed. When someone violates your rights, remember, it is not your fault.,


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FREEDOM OR ANARCHY,Campaign of Conscience

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The Free Thought Project,The Daily Sheeple & FREEDOM OR ANARCHY Campaign of Conscience are dedicated to holding those who claim authority over our lives accountable. “Each of us has a unique part to play in the healing of the world.”
“Every record has been destroyed or falsified, every book rewritten, every picture has been repainted, every statue and street building has been renamed, every date has been altered. And the process is continuing day by day and minute by minute. History has stopped. Nothing exists except an endless present in which the Party is always right.” - George Orwell, 1984

"Until the philosophy which holds one race superior and another inferior is finally and permanently discredited and abandoned, everywhere is war and until there are no longer first-class and second-class citizens of any nation, until the color of a man's skin is of no more significance than the color of his eyes. And until the basic human rights are equally guaranteed to all without regard to race, there is war. And until that day, the dream of lasting peace, world citizenship, rule of international morality, will remain but a fleeting illusion to be pursued, but never attained... now everywhere is war." - - Haile Selassie I of Ethiopia - Popularized by Bob Marley in the song War

STEALING FROM THE CITIZENRY

The right to tell the Government to kiss my Ass Important Message for All Law Enforcers Freedom; what it is, and what it is not. Unadulterated freedom is an unattainable goal; that is what the founders of America knew and understood, which was their impetus behind the documents that established our great nation. They also knew that one of the primary driving forces in human nature is the unconscious desire to be truly free. This meant to them that mankind if totally left completely unrestricted would pursue all things in life without any awareness or acknowledgement of the consequences of his/her own actions leaving only the individual conscience if they had one as a control on behavior. This would not bode well in the development of a great society. Yet the founders of America chose to allow men/women as much liberty as could be, with minimum impact on the freedom or liberties of others

Saturday, May 7, 2016

The Reality Of Retirement Inequality In The United States

The Reality Of Retirement Inequality In The United States


basic income by asher platts

Above Photo: basic income by asher platts

The best-paid U.S. workers are on track for 11 times more money than the lowest-paid.

The U.S. retirement landscape is starting to look like a Charles Dickens novel.
Since voluntary savings plans led by 401(k)s have largely replaced traditional pensions, it’s probably no surprise that this is the best of times for many highly paid workers. Equally unsurprising is that this is the worst of times for almost everyone else, especially the 42 percent (PDF) of workers who don’t have access to a work-sponsored plan. The stunner is just how much the luckiest among us will outpace the unluckiest on retirement day: eleven times as much.
new report from the Government Accountability Office describes this tale of two Americas. It calculates the effect that unequal pay and limited access to retirement plans will have on today’s workers decades from now. It also offers a few suggestions for how Americans might boost their retirement income.
About 60 percent of all U.S. households have no savings in an individual retirement account (IRA) or in a 401(k)-style account,1 the report found.
Screen Shot 2016-05-07 at 12.08.04 PM
In working households–those where a person has a job and isn’t self-employed–some 56 percent have at least a little money set aside in a plan or IRA. For those in the second-lowest quartile of workers, only 50 percent have savings in an IRA or 401(k). Among the lowest earners, that number drops to 25 percent.
How will this kind of inequality play out in future decades, when workers retire? The GAO looked at current trends and simulated how they’d affect young workers just starting out. The report calculates that these 19-year-olds will eventually take in a monthly average income of $2,970 from IRAs and 401(k)-type plans. Not bad, perhaps. But that retirement plan income is heavily skewed toward the wealthiest–and $600 month is a lot different from $6,000:
Screen Shot 2016-05-07 at 12.08.39 PM
Almost 20 percent of all households won’t have any retirement savings account to rely on, including 35 percent of the lowest-earning Americans.
Workers in the highest-earning quartile are four times more likely to work for an employer offering retirement plans than those in the lowest. And these higher-paid workers are also four times more likely to participate in plans when they’re offered.
What can be done? The GAO came up with several scenarios to see how they might boost retirement savings, particularly for low- and middle-income groups.
If everyone signed up for every retirement plan offered them, for example, monthly income for retirees would go up 19 percent overall and by 35 percent for those in the lowest quartile. If every employer offered a retirement plan—as some states may soon require—income for the lowest quartile would go up 18 percent. If it were easier to roll over retirement plans (and workers didn’t raid their nest eggs while they did so), savings for the lowest-paid among us could go up by 27 percent. If every employer automatically enrolled workers, monthly income for the lowest-earning retirees might go up 10 percent.
None of these things will be easy to achieve. Neither companies nor workers necessarily have extra money to plow into savings. For the poorest workers, saving for retirement is naturally a lower priority than paying rent or saving for more immediate emergencies, the GAO notes. Forcing people to save might just result in them taking on additional debt, or skipping such important expenses as preventative medical care.

The Reality Of Retirement Inequality In The United States


basic income by asher platts

Above Photo: basic income by asher platts

The best-paid U.S. workers are on track for 11 times more money than the lowest-paid.

The U.S. retirement landscape is starting to look like a Charles Dickens novel.
Since voluntary savings plans led by 401(k)s have largely replaced traditional pensions, it’s probably no surprise that this is the best of times for many highly paid workers. Equally unsurprising is that this is the worst of times for almost everyone else, especially the 42 percent (PDF) of workers who don’t have access to a work-sponsored plan. The stunner is just how much the luckiest among us will outpace the unluckiest on retirement day: eleven times as much.
new report from the Government Accountability Office describes this tale of two Americas. It calculates the effect that unequal pay and limited access to retirement plans will have on today’s workers decades from now. It also offers a few suggestions for how Americans might boost their retirement income.
About 60 percent of all U.S. households have no savings in an individual retirement account (IRA) or in a 401(k)-style account,1 the report found.
Screen Shot 2016-05-07 at 12.08.04 PM
In working households–those where a person has a job and isn’t self-employed–some 56 percent have at least a little money set aside in a plan or IRA. For those in the second-lowest quartile of workers, only 50 percent have savings in an IRA or 401(k). Among the lowest earners, that number drops to 25 percent.
How will this kind of inequality play out in future decades, when workers retire? The GAO looked at current trends and simulated how they’d affect young workers just starting out. The report calculates that these 19-year-olds will eventually take in a monthly average income of $2,970 from IRAs and 401(k)-type plans. Not bad, perhaps. But that retirement plan income is heavily skewed toward the wealthiest–and $600 month is a lot different from $6,000:
Screen Shot 2016-05-07 at 12.08.39 PM
Almost 20 percent of all households won’t have any retirement savings account to rely on, including 35 percent of the lowest-earning Americans.
Workers in the highest-earning quartile are four times more likely to work for an employer offering retirement plans than those in the lowest. And these higher-paid workers are also four times more likely to participate in plans when they’re offered.
What can be done? The GAO came up with several scenarios to see how they might boost retirement savings, particularly for low- and middle-income groups.
If everyone signed up for every retirement plan offered them, for example, monthly income for retirees would go up 19 percent overall and by 35 percent for those in the lowest quartile. If every employer offered a retirement plan—as some states may soon require—income for the lowest quartile would go up 18 percent. If it were easier to roll over retirement plans (and workers didn’t raid their nest eggs while they did so), savings for the lowest-paid among us could go up by 27 percent. If every employer automatically enrolled workers, monthly income for the lowest-earning retirees might go up 10 percent.
None of these things will be easy to achieve. Neither companies nor workers necessarily have extra money to plow into savings. For the poorest workers, saving for retirement is naturally a lower priority than paying rent or saving for more immediate emergencies, the GAO notes. Forcing people to save might just result in them taking on additional debt, or skipping such important expenses as preventative medical care.



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