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Required Reading: Boomer Financial Struggles

Stria Staff April 16, 2018
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Among the top concerns of older Americans is their personal finances. Get insight — and some astoundingly candid perspective– from these articles and books.

Fifty-Five, Unemployed and Faking Normal
by Elizabeth White

Fifty-five, Unemployed, and Faking Normal is a book about the millions of older Americans who, despite career choice and decent incomes are facing the prospect of downward mobility in old age. Based on interviews and discussions with experts and older adults, Fifty-five, Unemployed and Faking Normal looks at the tools and strategies boomers can utilize to make sense of changed circumstances, better manage financial hardship, and achieve a more satisfying life. (From the Publisher)

The end of retirement? Employers have discovered a new, low-cost labor pool, made up largely of transient older Americans. Finding that social security comes up short, often underwater on mortgages, these invisible casualties of the Great Recession have taken to the road by the tens of thousands in late-model RVs, travel trailers, and vans, forming a growing community of nomads: migrant laborers who call themselves “workampers.” On frequently traveled routes between seasonal jobs, Jessica Bruder meets people from all walks of life. (From the Publisher)

The Secret Shame of Middle-Class Americans
by Neal Gabler for The Atlantic

Nearly half of Americans would have trouble finding $400 to pay for an emergency. I’m one of them. (From the article)