In our little red dot, getting close to being 55 years of age was considered to be a very important milestone. For those who are not aware (our dear non red dotter audience that is), being 55 entitles a red dotter to pull money out of his/her retirement account. Whatever is left in there after a whole life of paying for the mortgage and who knows what else. Plus some restrictions here and there… not the scope of this post though.
We’ve heard many stories though not necessarily representative, of folks who plan extensively on how they will “manage” the monies they can get out of the retirement account. Some dream of stopping work and traveling the world. Others want to use the money to help their kids… you get the picture no?
So now that the country itself is close to 55, are the same symptoms manifesting themselves albeit at the national level? Are there folks out there who eye the national reserves for use? Remember, someone said (ancient Greek we think) democracies start to fail when the electorate vote for themselves monies from state coffers.
Heheh… but today is a national day of celebrations, so let’s not ‘pour cold water’ – local expression for dampening the mood. As our little island looks back over these last 5+ decades, there is much more to thank than to complain. Nothing’s ever perfect and having lived in a few other countries helped us adjust to that reality.
Remember to put on your red and white today and wear it proud!