Interesting read. Though his $1.22/hour is legit, it isn't the whole picture (he says as much). C'mon, it's $5760 for life. Throw in a little inflation and assume a 62yr old has another 20 years in 'em and that hourly rate is more like $22/hr. I guess he didn't include those numbers because it doesn't support his case as much as a fraction-of-minimum-wage number.