Where are their kids, are they not financially able to assist them?
LOL How much could you afford to help your parent?
How are you planning for your own retirement?
many of these people were comfortable ten years ago when they retired.
Low interest rates, bad stock markets,inflation, Lowered assessments on their homes and higher taxes ate up their nest eggs. We will see how todays 30 year olds make out in todays economy when their retirement approach’s.