.

Tuesday, March 19, 2019

Senior Citizens Should Give Retirement to Family to End Recession :: Economics Economy

Retirees over the age of sixty deuce in the United States be estimated by an indep oddmentent financial survey to be sitting on over one trillion dollars in total assets. That money for the most part lies in financial institutions gathering interest while selecty family members run into impatiently waiting for the day when it will be their inheritance. But not all seniors are that callous, they give away their money to loved ones ahead they go away. There is no better way for the elderly to show that they care. Those that do can enjoy the pleasure of watching their money being spent. It is a joy that they would neer experience if they waited until their death.The country is in a quoin that could be ended by an influx of spending money. The economic input signal money that will be received by tax payers during the spend months will help but it is not enough. More money is needed. The parsimony would improve and the recession ended if the trillion dollars held by seniors was spent. It is up to them to end the recession in a loving way. Immediate handing over of their superfluous assets to loved ones would cause a spending spree the nation has never witnessed before. It would put the unemployed back to work and end home foreclosures. I am sure if our elderly realized their power to help they would apace respond.I had a close friend who suffered with a nervous perturbation all of his life. He proceedd with the help of a government welfare architectural plan which just gave him enough to survive. His parents were millionaires in the real estate business and possess at least twenty apartment houses. They let their son live rent free in one of them. But they gave him nothing more. I spoke with him many times over the years and listened to his complaints. He had lesser to eat and was lonely. The only hope he had was that one day his parents would die and leave him with their millions. They both were dead when he reached the age of seventy two but the money was left to his two sisters and their children. All he genic was the right to continue living rent free. I never witnessed much(prenominal) cruelty. Many seniors are sitting on more money than they need while family members no longer living with them are destitute or have financial problems.

No comments:

Post a Comment