- 901
Reality Sets in
- Thread starter jbage007
- Start date
- 185
Baby Boomers ran this country like they ran their own lives, into the ground. The Worst Generation Ever.
- 15,319
I'm sorry.
Fortunately, you youngsters like Harry Reid and Nancy Pelosi are fixing everything.
Rick
- 14,809
I know my in-laws - still with a mortgage at age 72 and struggling with bills finally did a reverse mortgage 2 years ago and it seems like the best decision they made.
My father-in-law is a good guy to speak with regarding retirement and savings. He's frugal - always has been. But he worked a mid-level job all his life, never really made much and saved what he could raising 4 kids.
His wife immediately went out and got a full-time job when the kids left the house but as any financial advisor will tell you, saving at that age is a day late and dollar short since money loses its power to grow.
He maxed out his pension while at work but even with his pension, his wife's modest pension and social security they barely made ends meet.
My father-in-law is a good guy to speak with regarding retirement and savings. He's frugal - always has been. But he worked a mid-level job all his life, never really made much and saved what he could raising 4 kids.
His wife immediately went out and got a full-time job when the kids left the house but as any financial advisor will tell you, saving at that age is a day late and dollar short since money loses its power to grow.
He maxed out his pension while at work but even with his pension, his wife's modest pension and social security they barely made ends meet.
