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  • Subject: RE: No retirement
  • From: Krys Theodore <ktheodore@xxxxxxxxxxxxx>
  • Date: Wed, 25 Nov 1998 12:16:45 -0600
  • Organization: Marks Bros. Jewelers, Inc.

As I have gotten older, I have become more concerned about this issue.  I 
don't think that I have an option at this point.  I will be closing in on 
60 when my daughter gets out of college.  I expect that will take most of 
my savings.  While I will never regret my 'late-in-life' child, I would 
love to know how I will ever be able to retire.

----------
From:   HankHeath@aol.com[SMTP:HankHeath@aol.com]
Reply To:       MIDRANGE-L@midrange.com
Sent:   Wednesday, November 25, 1998 9:36 AM
To:     MIDRANGE-L@midrange.com
Subject:        No retirement

I've been reading recently that a lot of the baby boomers in the U.S. are
coming to an astounding deduction: they may not be able to retire. 
Government
assistance such as Social Security is unsupportable and too little, too 
late.
The baby boomer generation has had to speculate on real estate, which has 
not
shown the returns they need to settle into a retirement home. They have had
children late in life, whom they now have to support through college and 
more.
Pension plans  and savings have not been well managed. Inheritances are 
over-
taxed. In other words, there is little left to take to the sunny beaches of
retirement.

For a person like my self, this is not a major problem. I have always loved
work, and planned to stay on board until someone kicked me out of the
organization. However, I am curious as to how this retirement scenario is
viewed by Midrangers? What do you folks plan on doing?
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