If you haven't filed your income tax yet, get busy; you only have one more week. We owe money again this year, and have ever since our kids got off of what we like to call "the dole." Those extra deductions sure did help reduce our tax liability. We should have had 10 children. Nah...just kidding!
Income tax time usually motivates us to review our retirement investments and consider our future. Are we in decent shape? Yes, but there's always room for improvement, especially since pensions, health insurance, and social security remain vulnerable.
Too bad we weren't born with silver spoons in our mouths. We just have to hope for the best at this point in time and trust that we've made the right decisions. We’re in good company though since most working Americans will never see the kind of retirements many CEO's enjoy:
Henry A. McKinnell of Pfizer, Inc. will collect $6,518,459 annually and Brian L. Roberts of Comcast Corp. will receive $3,600,000, but PepsiCo, Inc. CEO, Steven S. Reinemund, will only look forward to $2,170,870 a year.
Poor man! That's still a decent chunk of change. My hubby and I could live out our years quite comfortably on just one year of his retirement income. Are you listening, Mr. Reinemund? If you feel inclined to share some of your pension, I'd be willing to switch from Coke to Pepsi!