Here are some sad stats from AARP and financial planners:
- Nearly 60% of people 65 or older are having a harder time paying for food, gas and medicine this year.
- More than 1 in 10 have sought help from relatives or charities during the past year.
- Of all the segments of the population, the group that is going into debt fastest is the senior population.
- When surveyed by "outlook," 40% of retirees called themselves "Worried Strugglers."
It helps sometimes to know that you're not in this alone and that it's not anything to be ashamed of. There are answers all around. After all, we are a generation of problem solvers.
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