Thursday, May 29, 2008
Tough Times, Tough Measures
Times are tough for boomers and their parents, some of whom are taking drastic steps to deal with the economic downturn, according to a new survey from AARP.
One in four middle-aged (45+) and older workers say they postponed plans to retire due to economic conditions. Almost 25% of people aged 45-to-64 surveyed said they are prematurely taking money out of their 401(k) and other investments. And young boomers are reportedly postponing paying bills and even cutting back on medications.
Tough Times, Tough Measures
Source: MarketWatch
One in four middle-aged (45+) and older workers say they postponed plans to retire due to economic conditions. Almost 25% of people aged 45-to-64 surveyed said they are prematurely taking money out of their 401(k) and other investments. And young boomers are reportedly postponing paying bills and even cutting back on medications.
Tough Times, Tough Measures
Source: MarketWatch
Permalink posted by armandn @ 10:53 AM 
 |
 |  |
  |
