February 15, 2008 :: Curt Van Emon

The future for many boomers

This article on MSN Money illustrates a situation that we all should get used to reading about as there will be millions upon millions of boomers who will have some variation of this happen to them.  The article still doesn’t really talk about what it means to be too old with too little money.  They kind of talk around the problem but they don’t get real about what sacrifices and compromises this man must make in his life.  He will suffer first then suffer some more and then when he needs critical health care, he won’t be able to get it.  Can you spot the mistakes that he made?  Are you working to avoid them for yourself?