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

[mahatmakanejeeves]

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

Nearly eight million older Americans are out of work or stuck in low-quality jobs, denying them a crucial time to accumulate savings

By Ruth Simon

https://twitter.com/RSimon18
[email protected]

Dec. 20, 2018 12:16 p.m. ET

For older Americans, the last few years of work can be a vital chance to patch up thin savings or pay down debt to ease their way into retirement. Many aren’t getting that opportunity.

Greg Miller, 65 years old, a former environmental engineer and contract administrator, was laid off in 2017. He recently gave up looking for full-time work after sending out more than 400 résumés.

“The...

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[Ink Addict]

1. What? not a cricket to be heard.

All rightee then...please follow up below with tips for seniors (boomers) in this situation, the American disenfranchised sliding down the slippery slope of desperate poverty, on implementing delusional Plans B-ZZ: becoming as expensive to TPTB as possible. Sure never envisioned Plan A or America would fail its citizens so badly. Certainly full of gratitude that it's not worse and trying to live with kindness and charity in our hearts, but the stress of daily fear for the future weighs so heavy, it's catatonically paralyzing. It's an urgent, honest request, though, as longevity genes are in play here. To be sure, trust issues are also hugely problematic in the vulnerable.