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The retiree work force
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Worst of all are you qualified?
Forget about traveling the world, golfing every day, and spending your last 20 years on cruise ships. This trend will also put pressure on young people trying to enter the work force. Many of the unskilled positions will be filled by elderly people who have to work but have greatly diminished physical and mental skills.
When I retired, gas was $1.00/gallon, it is still over $3.00 at the north end of town yesterday. Everything else is up too,milk,groceries utilities, and really health care etc.
When I worked, I worked hard, sometimes 16/hours a day(on salary) and paid into a retirement fund. I wasn't rich when I retired but I did think I would be able to afford to eat every meal, eat out once in awhile, replace the car when needed (It has 223,000 miles) BUT things have changed for me as they have for other retirees.
To keep from having to ask for a bailout,I'm going to have to find a job that will bring in some money. Maybe some older people are able to find jobs, but I havn't been able to yet-too old-to physical etc.
I guess I am going to have to lower my sites as I understand Wendy's is looking for someone to stir the Chili!(good Chili Anyway)
GETTING OLD & RETIRING ISN'T THE FUN I WAS LED TO BELIEVE !
Not complianing at all, I purchased a house and paid it off, I far within my means. I am living by all the rule and have accepted the reality of life. I will pay higher taxes, I will not see a dime of socail security, I will continue to have to abide by the regulations put in place becuase of the fraud that happened on wall street. I will have to fund the boomers retirement and deal with their kids that they have spoiled. I like you title, but I have already learned alot-life is not fair so you better not expect anyone to take care of yourself but you.