As one of the millions of baby boomers out there I have seen the impact of the global economy nightmares and wonder, will there be golden years for any of us.
My mother, who died last July, said she was the lucky one. Her generation was able to benefit from the hard work, good investments and higher interest rates. She said that "plastic or credit" was the downfall of the future, because no one seemed to think forward anymore. Remember the story of the grasshopper and the ant? The financial crash impacted her income, but not as bad as those who were due to retire in the next few years.
Mom always said "getting old is not for wimps". No truer words were ever said.
So many of my peers have lost their retirements, health benefits and jobs, that the future does not look golden, or even rosy. Any idea of where this country is heading?
More to say later.
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