‘Just Unbearable.’ Booming Job Market Can’t Fill the Retirement Shortfall

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'My job now is to keep my job...so I can retire and not be a burden to my children.' Older Americans who need work to fix savings shortfalls are struggling.

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An issue with that generation. My husband and I pay for his mom and mine’s assisted living. They had no plans. Both dads passed away and their insurance didn’t last long. When they were younger, they traveled/lived it up. Not fair, but we love them, so we do what we have to 🤷🏻‍♀️

Planning for potential downsides is part of being a responsible adult. Evidently many of my baby boomer peers neglected to do that.

That's a crock, Everyone wants to live just long enough to be a burden on the children. Parents revenge.

It's just not 'Fortnite' to talk about serious problems like oldersters over 40 with college degrees shut out of the labor market by pigwellian HR assholes.

Elle est belle l'amerique

Sounds like these people didn't prepare for retirement. I'm 55 and already have my nest egg. Even putting 3 through college now and still will have plenty for retirement. No excuses people, you gotta plan.

Yes. I was laid off in 2016 and have cobbled together part time work and unemployment since then. Try looking for full time work when you are over 60!

71 years old and just went back to work full-time to make ends meet. TrumpResign

Remember the 'huge' Christmas present Trump's wealthy pals got last year.

Because wages are sh** 💩

Funny. Trump's wealthy, elite friends don't have that problem. How do you want to live, America?

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Even a Booming Job Market Can’t Fill Retirement Shortfall for Older WorkersEven though the official unemployment rate is just 3% for older workers, the actual jobs environment is surprisingly bleak. Nearly 8 million older Americans are out of work or stuck in low-quality jobs that offer little opportunity to prepare for retirement or fix paltry savings. You can always get an Obama job: Driving for the Uber! 😕 This is my story ...as an ex CEO ... retired now because labeled unemployable due to 'overqualified'... out of savings and poor. I am thankful because my eyes were opened to the plight of the working poor. Once you become unemployed, you instantly become self employed! Many should think that way before they walk out those retirement doors..
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