Some benefits after returning to U.S.A

 



An american friend who is just coming up for retirement after working nearly
all his life in Japan, is thinking that he will only be allowed to continue
working at his present company in Japan if they pay him less than half of
what he is currently earning. That reduced money would be a big struggle for
him to survive on.

He does not think there will be any alternative for him, than to accept this
reduced pay.  He would like to return to America, but since he did not
contribute to any pension schemes, he thinks this would not be possible
since he would have no income to survive on there.

Coming from Europe myself I guess I automatically have faith that the state
will somehow come through for us in straightened circumstances. But do not
have any knowledge of what the situation would be in the U.S.A or in fact
how to find out exactly what benefits might be available for a returning
american citizen.

Bearing in mind he has spent nearly all his working life working outside of
the U.S.A., and has made no pension contributions, would be grateful to
learn of what his circumstances would likely be, income wise in terms of
basic benefits; if he just took the plunge and returned to his homeland.
Thanks.

 

On 4/15/2010 4:34 AM, john north wrote:

I would assume he went to Japan to earn more money than he could have
earned in America.  He worked out there his entire adult life and never
gave any thought to retirement?  Now he wants us to tote the bill?

I resent him putting his hand out.  He could have saved some of his
considerable income, or he could have potentially earned less while
participating in the various retirement plans of American companies
along with the government run Social Security.  Now he wants me to help
support him through my taxes?  He's got some nerve.

BTW, it's considered respectful to refer to Americans as "Americans"
with a capital "A", just as we would refer to the citizens of Japan as
"Japanese" with a capital "J".


Jay

 

john north wrote:

Google it.
_____________


If he saved his money and made wise investments he can live off them; if
not, he can work and contribute to social security.  The amount he will
receive from social security is based on lifetime earnings, highest
earnings, et al so he wouldn't get much unless he worked and contributed to
SS over a number of years.

He could also hold up a sign saying, "Will work for food".  Best he stay in
Japan.

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On Thu, 15 Apr 2010 09:34:29 +0100, john north wrote:


Plenty of people have done the same thing.
If he is expecting the US government to help him out because he is broke,
forget it. Ain't gonna happen.
If his job is available in the USA, what's stopping him from working there?

My father retired from his previous job of 33 years. Did that stop him any?
Hell no. Even though he could have sat around the house doing nothing all
day, he went to work as a consultant for another 15 years.

I'm nearly 60 now. Retired from trucking a few years ago. I have my plans
of going to school to learn something new. No reason why your friend can't
go back to school for another career.

 

In 24hoursupport.helpdesk, richard wrote:


Your father had gumption, was a smart man. He also invested wisely.


You didn't retire, you quit when your successful father died and left
you a sizable seven-figure inheritance. This is not private information;
you said so yourself on your web site.

When you run low of cash, "All I have to do is phone the attorney and
have more money sent to my bank account."


What?  There's a school for "mall cop?"

--
   -bts
   -Four wheels carry the body; two wheels move the soul