http://www.nytimes.com/2013/02/03/business/americans-closest-to-retirement-were-hardest-hit-by-recession.html?ref=business
Agree?
Is the danger a result of not LBYM? or a loss of income in the peak earning years? Since the beginning of time, the economy has always been subject to ups and downs, but it seems that the current uncertainty is causing more stress than usual, with less surety of a solid recovery.
... or something else?
These Americans in their 50s and early 60s — those near retirement age who do not yet have access to Medicare and Social Security — have lost the most earnings power of any age group, with their household incomes 10 percent below what they made when the recovery began three years ago, according to Sentier Research, a data analysis company.
New research suggests that they may die sooner, because their health, income security and mental well-being were battered by recession at a crucial time in their lives.
Agree?
Is the danger a result of not LBYM? or a loss of income in the peak earning years? Since the beginning of time, the economy has always been subject to ups and downs, but it seems that the current uncertainty is causing more stress than usual, with less surety of a solid recovery.
... or something else?
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