3 Ways the Economic Crisis Is Destroying Baby Boomer Retirement
Here’s how to cope with stock market declines, falling home prices, and the credit crunch
Yep, that’s what I just read at the U.S. News Money and Retirement site. It was an old post, from 2008, back when we all started going broke, but it’s still completely relevant to me.
Problem is, they don’t say how to cope with it. And I can’t add anything either. As Neil Young said, we are Helpless, Helpless, yea-eah-eah, helpless…
And I feel it. Oh, how I feel it. I’ve already lost most of what I had. Ring a bell?
We may be moving soon, and ouch! The value of our house is close to nothing. I’ve lived here for 33 years, so that hurts. It’s in a great area in high demand.
But so what, if nothing is selling?
The Pseudo-Husband doesn’t seem to realize this. I don’t have the heart to tell him. He kind of lives in a world of his own, working hard and still earning a living, and I’m so proud of him. He’s still farming, which is extremely physical, and he’s doing it despite the cancer and the chemo.
I’m a wuss. I doubt I could do that. If I were him, I think I might just jump off a roof. A very high roof, since so many seem to be surviving falls these days.
There has to be a way to survive and regroup. I think I may have found one, even!
(subliminal and oh-so-hopeful cheer—my online reading school is growing bigger by the day!)
There simply must be. I’m not here to depress you. Hell, most of the time I hope to entertain you with my blather.
But geez. What can be done?
Are you like me? Were you a kid when the Beatles came out? Do you remember Woolworth’s and sodas at the fountain? Did you long to be at Woodstock? Did you dream of Melanie’s “There’s a chance peace will come in our time, please buy one?”
Did you cry when John Lennon was murdered?
If even one of these are true, then I think you might be in my age group, whether you admit it or not! No problem for me. I understand it.
But back to life today:
Are you still stunned at how your savings and hard work just disappeared, along with the chance to retire?
Have you lost more than you can say?
Let’s connect and talk about it. I’m sick about it and have been since 2008 when I had things pretty much in place, despite The Back and The Eye. My future was arranged.
Please. If you get it about my fears, share your story. Please?
Margaret Mead said (although some damn fools are disputing the source: who cares?) It means what it means, no matter who said it:
Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has.
Let’s be those citizens. Let’s band together and insist on some answers. We used to be the generation who did change the world.
And you know what? We ain’t dead yet!
What do you remember?
And what’s your story?
If you prefer to talk on Facebook, great.