Seriously concerning. If boomers fall ill and can’t work, they’ll rely on friends and family, tap savings or use a credit card to get by, according to a new Unum report. Let’s examine this oh-so-smart thinking a bit further.

We’re in a historic recession, savings rates are nil and credit card balances are through the roof (when they’re available). A global pandemic appears headed our way, boomer retirement is coming with a vengeance and, according to the Congressional Research Service, 69 percent of all households within the 55 to 64 age group have retirement accounts of less than $100,000. So they’re screwed even if they don’t get sick. Add in illness or injury with time away from the job, and it only gets worse.

We realize disposable income is a bit tight, but why disability insurance sales aren’t skyrocketing is beyond us. The case is playing out before our eyes, and something that has to be addressed in the next client review.