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Reply to "Working well into your 70s because you can’t afford to retire. "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I sold a house for a woman who worked in a hospital laundry for 30 years and her pension was $18 a month, and her social security was $400 a month. She was in her 80s and had a reverse mortgage to pay for her living costs. She was able to pay off the reverse mortgage when her house sold and we got her into a county subsidized apartment. She had about $30,000 left from the sale of the house and $418 a month to live on. [/quote] Did she not work the first 20 or 30 years of her adult life?[/quote] At hee peak earning years this woman was a laundress. Do you really think she could have had a job that paid more than living wage before that? Please try to think.[/quote]
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