AP ran a story today that says that many more older Americans will be working for many more years than they planned to and will make up almost all of the growth in th U.S. job market as younger people elect to stay in school.

I am hearing, almost every day, from Seniors that they just can't make ends meet. I'm hearing this from many who are still working.

Reverse Mortgages are helping many of these people and will continue to help them, unless the government screws things up. Let's hope for the best.

Here's the link to the story:

 

http://m.apnews.com/ap/db_8559/contentdetail.htm?contentguid=CeeL8XGo

 
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4 Comments on Another Story About Financial Troubles for Older Americans

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I certainly had retirement plans that are now no wher on the horizon. So I am sure there are many more in the same boat

7:52am • #1

I'm sure government will think it is their "right" to step in and screw things. We the people need to make them stop.

7:56am • #2
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Charlie,

I'm hearing it more and more. You are not alone. Thanks for the comment.

Michael Pinter

7:59am • #3
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Dave,

That has been the trend lately. Hopefully, this time they will get it right. Thanks for the comment.

Michael Pinter

8:00am • #4

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Michael Pinter

Brooklyn, NY

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First Meridian Mortgage/Trump Financial

Office Phone: (718) 906-6132

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