Is this indicative of a weak economy? Or of individuals who have never grasped the importance of personal responsibility?
Well, gee, I’m in my fifties, never made a huge salary, and still own a place to live and have enough money that I could survive without a job.
There is no question that a lot of us could have saved more; but a lot of us also had to pay off student loans when we started out, and a lot of us have had much less stable careers than our parents had. I have had 10 jobs in 25 years, with three long stretches of unemployment that ate up my savings and even sent me into debt.
What article did you read....I didn’t see ANY baby boomers in the article...