The thought of retirement for many rather than a period of life to look forward with a grand expectation; to enjoy with family, by experiencing activities the humdrum of a working life precluded, this group in society is finding our more and more expectations for a post work life is being severely compromised because of how governments across the globe have mismanaged respective economies. Some say the capitalist system employed by Western countries is no longer fit for purpose and is in terminal decline. The struggle is real – Blogmaster

Submitted by Steven Kaszab

Cannabis spiked soda or beer. Gambling in casino’s or on your phone legally. Every mall seems to have a cannabis retailer in it. Beer, Wine or Liquor available seemingly everywhere. Our local governments have their hands in our pockets like never before, taxing, regulating us, and now they seem to control the many vice’s they once prohibited. What is going  on here? Are there morality police available to investigate and police this situation?

Casino’s and Gambling online. 78% of all patrons going into a casino are very near the retirement age. Online gambling has attracted many young people into a vice they did not consider previously. Many opportunities have been presented to our population, offering both entertainment while they maintain a relationship with casino bandits throughout this nation. While @ 55% of Canadians and 64% of Americans cannot afford to retire, their governments are introducing them to creative ways to gamble their savings away.

You have a right to gamble, drink and be merry, but a future secured financially, not so much.

Our governments have amassed a huge public debit because of the pandemic and their attempts to assist their citizens. Canada has a trillion dollar debt, costing @ $4,531.00 a second to the Canadian tax payer(Canadian Taxpayers Federation)..

America’s infrastructure program has escalated to 2.5 Trillion and going  up. These are real costs that need to be repaid. Much of this debt is owing to foreign lenders as well. What can the government do? They could tell us what these debts truly mean to us and the nation, but they will not do that. We probably will not be able to handle the truth and its consequential effects upon our economies. Much like the stories about traveling to the moon(did we really do that?:), our government’s will couch their explanations in empty terminology and tell us all is well. Oh by the way your taxes and living costs are going to increase due to inflationary causes. More money collected by our representatives. 

I dread the thought of retirement. Not because I would have nothing to do, but because I cannot afford to retire any time soon. Reasons come to mind, such as the Canadian dream, the children’s future, Moms senior care, our health, financial demands unending parade in my mind. Tax time is a horrible time to experience. My costs never go down, but my expectations must. No wonder so many drink and gamble away their precious time on this earth. Their governments seem to encourage it.

79 responses to “Many Dreading Retirement”


  1. Put your trust in God.

    https://www.biblegateway.com/passage/?search=Matthew+6&version=KJV

    25 Therefore I say unto you, Take no thought for your life, what ye shall eat, or what ye shall drink; nor yet for your body, what ye shall put on. Is not the life more than meat, and the body than raiment?

    26 Behold the fowls of the air: for they sow not, neither do they reap, nor gather into barns; yet your heavenly Father feedeth them. Are ye not much better than they?

    27 Which of you by taking thought can add one cubit unto his stature?

    28 And why take ye thought for raiment? Consider the lilies of the field, how they grow; they toil not, neither do they spin:

    29 And yet I say unto you, That even Solomon in all his glory was not arrayed like one of these.

    30 Wherefore, if God so clothe the grass of the field, which to day is, and to morrow is cast into the oven, shall he not much more clothe you, O ye of little faith?

    31 Therefore take no thought, saying, What shall we eat? or, What shall we drink? or, Wherewithal shall we be clothed?

    32 (For after all these things do the Gentiles seek:) for your heavenly Father knoweth that ye have need of all these things.

    33 But seek ye first the kingdom of God, and his righteousness; and all these things shall be added unto you.

    34 Take therefore no thought for the morrow: for the morrow shall take thought for the things of itself. Sufficient unto the day is the evil thereof.

  2. Critical Analyzer Avatar
    Critical Analyzer

    @TheOGazerts

    Most people don’t understand investing for different purposes and think government bonds, contributing to pension plans and playing the stock market, etc. is preparing them for retirement.

    Paying down debt and investing in tangible assets proven to hold their value, appreciate or earn money over time are the best investments one can make towards retirement. That is where all investing should start.

    Only after building that solid foundation should you venture out into the wild wild world of bonds, stocks and riskier investments to gamble money you can afford to loose and like any good gambler, cash out profits after windfalls and put that money into something tangible.


  3. @John A. Theo and Critical

    Indeed many things as you have noted can upset retirement plans. And a biggie is Covid, which nobody saw coming.

    What happens if you or your spouse, or an adult child was out of work for months during the pandemic? The kid still has bills to pay. Unemployment insurance helps but it
    does not cover everything. None of us want our kids to starve or to freeze, so…there goes a part of your retirement fund

    What happens if you an elderly parent, or a spouse or an adult child has a long term illness or a disabling injury…there goes a part of you retirement fund.

    What happens if there is a natural disaster? Does “insurance” cover all of your loses? If not there goes another part of your retirement fund.

    What happens if there is a pandemic, an ashfall, a hurricane and a war driving prices up??

    The best laid plans of mice and men…


  4. @ Cuhdear

    Excellent examples you have listed and to all you outlined the experts would say reduce exposure. Which basically boils down to own the smallest house, drive the cheapest car and stay as liquid as possible while being debt free.

    Actually when you run the numbers many would say don’t even bother buying a house, invest the money in strong companies which is what a well run pension plan does anyhow, rent a house and go to the beach from 50. Lol

    Thing is though we have been conditioned by the system to consume. Bigger house, bigger car, 80 inch TV, so we in fact are our worst enemy are we not? That is why I said initially pension planning is a complex issue which should be taught from young to our teenagers. Yes I am serious it should be looked at as a form of home economics and future planning. The time has long past that the state should be our pension planner. God knows the way governments have used the NIS funds should leave little faith in any of the young people to bank on that as their retirement savior!


  5. What happens if there is a pandemic, an ashfall, a hurricane and a war driving prices up??
    ~~~~~~~~~~~
    Perhaps what SHOULD happen in such a case, is that we should RECONSIDER our relationship with any God that we think may exists…
    After all, aint it passing strange that BBs can have all this lotta talk about ‘their God’, ….collecting offerings, praying long and pretty .. and yet every shiite going wrong wrong…!?

    That looks to the bushman like a SURE sign that SOMEONE is telling us that we are on our own, headed up the creek …and with no paddle.


  6. My pension is net 1827 per month.

    Canada is as good to me as I think I deserve.


  7. @John A
    You just cannot write off investing in the stock market. To put the money in a bank was equivalent to putting it under your bed.


  8. @ John A
    Look boss, the ONLY sensible ‘pension plan’ is to ensure that you have achieved the TRUE PURPOSE behind the few short shiite years that ywe have on this planet. You can build up the best possible nest egg and when you sit down and REALLY think about it, you realize that your whole life has been meaningless….especially if someone is as perceptive as you clearly are.
    Why do you think that people with ‘money to burn’ are some of the most miserable retirees around..?

    Trust Bushie on this.. most of the lotta glitter from the financial security only last for a short time before the futility, and depression hits home … lots of retirement wealth goes into drugs and depression therapy as a result…

    On the other hand….
    Can you imagine the COMFORT, SATISFACTION and FREEDOM of feeling completely satisfied that you have found the REAL purpose of having been hanging around the place creating excreta for 60 short years….?

    LOL…
    Seek ye first the Kingdom of God…. and you won’t even be able to get rid of the lotta shiite dollars that will be added unto you….


  9. @ Hants:
    “My pension is net 1827 per month.”
    Then there is your RRIF.


  10. Speaking of retirement, BARP has opened membership to 40 year olds, Murdah!

  11. Critical Analyzer Avatar
    Critical Analyzer

    @Cuhdear Bajan April 25, 2022 10:01 PM

    This is where planning for major financial hits come in because the situations you spoke of will occur in everyone’s lifetime unless they are lucky and should not dip into your retirement fund if planned for.

    1) Retirement funds which should be primarily based on real assets accumulated over the years that generally keep pace with inflation by their very nature.

    2) Everyone should have enough cash savings or investments that can be quickly liquidated to cover at least 6 months of living expenses.

    3) Any loss of physical items you are unable to live without or are unable to replace yourself must be insured i.e. medical insurance to cover major illness, adequate property insurance, etc.

    Once those three are covered, you can move onto paying off debt before looking to riskier investments.


  12. @Sargeant

    This is BARP’s version of a money grab.


  13. Hants you didnt collect cpp till you were 65 ????? mistake.


  14. Hants you didnt collect cpp till you were 65 ????? mistake.

    On our pre-retirement course, we were all advised to take CPP at 60. when calculated, you end up getting more benefits. It will take Hants about ten years to catch up to those who took it at 60.


  15. Good news my Nigerian uncle passed away according to this Email I just got once I send the lawyer the 10000 dollars for legal transfer fees I will get 200 billion dollars sent to me, which I have decided I will share with Biden supporters on BU to assist in their dementia testing.


  16. Dame bajans you were also collecting the top up till 65 and cpp kicked in if you were in omers or probably any defined pension plan.


  17. Those retired National Assistance Board employees whose pensions were ABRUBTLY DISCONTINUED by ‘government,’ some of whom were receiving them for over 17 years, are “dreading retirement.”

    One affected senior citizen, who is 82 years old, have been experiencing difficulties.

    I understand a group of them were supposed to meet with former Minister, Cynthia Forde, but, unfortunately, the meeting did not take place.

    I was also told they contacted Caswell Franklyn, who promised to assist them. So far, I haven’t heard what assistance, if any, he rendered.

    We have Dame ‘Billie’ Miller receiving ‘free money’ as ‘Ambassador at-large for Barbados.’

    Surely paying a ‘handful’ of senior citizens, many of whom are in their late 70s and early 80s………the pensions, would certainly not ‘break’ Barbados.


  18. DavidApril 26, 2022 4:07 AM

    @Sargeant

    This is BARP’s version of a money grab.

    +++++++++++++++++++++++++++++++++++++++++

    There are definite benefits to BARP.

    Health Insurance for sure and all the discounts at various businesses.

    But I agree.

    Going after those 40 years and above is a marketing ploy designed like NIS to get the younger workers to support the older retirees.

    Sagicor will be licking its chops.

    We’ll see how it works out but someone is going to benefit,


  19. Bush Tea I forgot to add What happens if there is a pandemic, an ashfall, a hurricane, A FREAK STORM, storm and a war driving prices up??


  20. @Lawson April 26, 2022 9:46 AM “Good news my Nigerian uncle passed away according to this Email I just got once I send the lawyer the 10000 dollars.”

    If you will forward the entire 10,000 dollars, I will pay you back once I get my share of the 200 billion.


  21. Artax,

    The pensions would have amounted to chicken feed.


  22. @Dame Bajans
    It will take Hants about ten years to catch up to those who took it at 60
    ++++++++++++
    Actually more than 10 years because the folks that collected @60 will still be collecting when “Hants” is trying to catch up so you have to take those years into account. I took mine @60 because a bird in the hand is worth two in the bush and if you die CPP dies with you although your spouse ( if you have one) may get a top up to match yours if it was more than theirs.


  23. You have to remember the value of a dollar, a month ago I could buy about 7 percent more with it. If there is no cost of living increase keeping up with inflation then there may be more benefits taking it early. Lets face it if you are depending on a pension alone to carry you through your retirement you will have to cut back on some things, or move to a country where your dollar goes further. Your back will go out more than you will


  24. @ Cuhdear Bajan
    You ALSO forgot to mention what happens if there is a FREAK ELECTION, RADICAL VACCINATION SCAM, FREAK CHINA HOUSING CONTRACT GIVEN TO SHADY COMPANY, AND A FREAK REPUBLIC WITHOUT A CONSTITUTION.

    Bottom line…
    our donkeys are destined to be grassed.

    BTW
    Bushie has been checking multiple ZRs looking for you….
    What happened…?
    Covid scare you to into using car now? …or you just home snipping on BU? 🙂


  25. @Bush Tea April 27, 2022 7:17 AM “BTW Bushie has been checking multiple ZRs looking for you…What happened…?

    Covid does keep me in a bit.

    But I still have to go out from time to time. If you had been at exactly the right time in the right place, that is on Saturday at 10:30 you would have seen me on my regular ZR. I disembarked by Grantley Adams’ House, and went on my merry way.

    I did not see you either.

    Lol!


  26. But I still keep my driver’s license current. I renewed it yesterday in the Pine. Didn’t see you there either.

    The rain kept you in?


  27. Retirement is a jaded and unnecessary concept which should be abolished.

    We know the circumstances necessary for people to live to 150 years without the metabolic syndrome diseases, insulin resistance, cancer and the other main causes of death • except medical errors which Georgie Porgie and his crime family commit everyday😁

    This writer has taken matters in hand and is intent on dying on the job of life. Indeed, life was always about learning to die and not riddled with all of the maladies retirement is supposed to be associated with. Death should happen every day as starvation is mastered with a single meal or one meal every three days with nothing in between, as a normalcy. You’ll be amazed at the differentials in blood work when one practices dying.

    The rasssoul Bajan ‘foodie’ here shall eat this writer alive. That ‘s better than eating the dead.😁.

    For most of what passes for food is really only edible substances as Pollen so well articulated.


  28. Foodies


  29. Updated my plans on retirement…
    Still thinking of gardening and volunteering as a tutor, but I added in a few more items

    Going to try to learn and share code with kids. (Will not be collecting any information or getting in contact with anyone)

    1) Building web pages using code. Ignore the apps and the various websites that you can visit to build a site. Will try to show the code so that a clever youngster will think of building his own instead of grabbing bit and pieces from various website builders. (‘Reinventing’ the wheel may be necessary in a land where few uses the wheel)

    Trying to do Java programming from scratch and see if I can develop a few games. Hopefully, I can develop some simple games that can launch kids to do their own.
    The site as I see it
    Biography
    HS Maths
    HTML
    JAVA
    STATISTICS

    Hopefully learning and imparting knowledge at the same time.

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