In our annual senior survey, we asked older consumers how they feel about their current financial and health situation. We also got them to talk about how well they have prepared for the present and their retirement. Read on to find out what they had to say.
All the rules have changed and it is almost impossible to get back out from under the blanket of the economy. Banks are not lending, Congress doesn’t care and everybody is trying to line their own pocket. This is a real mess.
Financial health is not good. I lost money in the market. Do not have LTC insurance. I am raising three grandchildren and I have already raised 11 children.
Current financial situation is fine. I am able to meet any catastrophes. Not concerned about the future. I will always be able to get by without scrimping.
Current financial problems are desperate and health issues and age preclude improving it other than by a miracle.
In retrospect, I would have planned for the worst times rather than the good times. Our country is so screwed up by lawyers and lawmakers, you can’t move in any direction without compliance overload. I used to be totally positive and now I have to fight negativity. Common sense has become a thing of the past.