"About half of the homeless in the United States are people 50 or older, studies show. The number of older homeless adults is projected to increase by 33 percent in the next decade and double by 2050."
I would bet some real money that it will be worse than those projected figures!
Nine million jobs have been outsourced. The prices of the crap at WallyWorld is jumping up, sometimes 100% in a matter of months. You really can't get help as a senior unless you're completely destitute, but every drunk and drug addict gets housing, cash, free medical care and a cell phone. If you're over 50 and lose your job, it's really tough to get another one (even if it's not comparable to what you lost). You go to a job interview with the 30-year old manager, and what do you think the result will be? Do you think that he's going to hire someone who is old enough to be his mother or father and will be telling him what he should do? Or is he afraid that we might actually know more than him and try to get his job? Hired? No.
I have a serious case of A.D.D. (meaning that I have the attention span of a gnat, and if I'm not interested in something, it takes forever to learn it, if at all). My last temporary job has ended. I have no college education (my father went blind during my senior year in HS, and I had to get a job to help out). While I can do some things on a computer, everything else is a total mystery to me. I've never had a job that provided a retirement. I've never gone on a vacation that didn't involve camping. I can't afford to replace the equipment to maintain this acre of land, I have to do it by hand. I garden by hand (no rototiller). I can't afford to maintain this decrepit mobile home that leaks from one end to the other. I will be putting this place up for sale next spring, but I don't know how that is going to work because the house is not salable, and I can't afford $6,000 to have it dragged off. The sale price will be just for improved land, not for a house and land, so how much will I lose after putting $20,000 cash down and making payments for 15 yrs?
I worry all the time, and wake up about 3 a.m. and worry until I fall asleep about 5 or 6 a.m., but at least now I have a plan (THANKS, BOB!!!).