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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..
Source: WSJ - 🏆 98. / 63 Read more »
What to do if the stormy stock market has derailed your retirement plansHas the stormy stock market derailed your retirement plans? Here's what experts say you should do next Just buy the glitch
Source: MarketWatch - 🏆 3. / 97 Read more »
As Walmart takes on China's booming delivery market, it's going for a smaller storeWith the rapid rise of China's delivery market, Walmart is trying an experiment — a smaller store and a local partnership with logistics firm Dada-JD Daojia.
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The ‘eye of the storm’: SocGen says it can’t warn about stock-market problem enoughInvestors have 99 problems these days it seems, from trade to the shutdown to earnings insecurity. They shouldn’t overlook this one that has been brewing for years, says our call of the day.
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3 reasons the stock-market selloff can’t be blamed on the Fed’s quantitative tighteningStrategists at RBC Capital Markets say the Fed’s balance sheet reduction shouldn’t take the blame for the slide in equities since October. It is premature to say the recent bond rally proves QT won’t lead to higher yields. This was a risk off trade. But its start CAN be blamed on Powell, who on 10/3 with Woodruff, said the Fed wasn't near neutral and may need to go beyond neutral to be 'restrictive'. Time stamp his interview - that was the market top. See around 7:50 mins on this video: Foolish error For every seller there is a buyer. I am waiting for the bargain basement prices before I start buying.
Source: MarketWatch - 🏆 3. / 97 Read more »
Stock-Market Standoff: Apple Warning vs. the Jobs ReportReasons abound to be both optimistic and pessimistic about the economy, and that has led to the one constant of recent weeks: There will be market volatility. Trump is taking credit for the never Trump states! Each states is picking up Trump’s fumble and running touchdowns, while Trump pats himself on the back. You no longer own the job markets Trump. We’re leaving Trump to stand behind his wall. Let's just hope the public can see through the anti Trump Wall Steet manipulations! Look at your own pay checks and look around! Wall Street isn't the economy!
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