And if they don’t find something at Lowe’s or Walmart, do they usually end up on welfare or disability or do they end up homeless and dying of starvation and lack of water? Which is more likely, if they are not married and presuming no other family support, which again is fairly standard for those over 50.
I’m not sure. Most likely they end up moving into low-income housing (which the government provides). Maybe getting food stamps. There are programs too which help to pay utility bills for those who need it.
Fortunately, I’m still working, though over 50. But I do know of others in this situation. People can rant against gov’t. handouts, but when they themselves end up needing help, they are glad for the help.
The problem is...there are so few jobs, so employers have their pick of job applicants. They most always pick the younger ones nowadays. And I do believe part (if not most) of the reason is older workers cause the health premiums to rise in the insurance pool.
Anyway, the best solution is if over 50 workers have a skill which will help them to be self-employed. Something needed by the public. If they can work using those skills, they can have a more stress-free life (compared to working for a boss) while at the same time continuing to have an income.