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Money and Finances
Reply to "58 and no savings and no pension"
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[quote=Anonymous]OP, glad to hear things have gotten a little better. Please start looking at what you can do to save money for your retirement. My brother, in his late 50s, just broke his back and can't work. He had no savings and retirement and was probably planning to work until he dropped. It took him months to get on disability and he had to declare bankruptcy. That took care of his credit card debt but my sister and I have been subsidizing him and probably will be doing it for a long time to come. This is reducing my emergency savings so if I suddenly got laid off I not have much of a cushion and it's soon going to hit dd's college fund. So you may be planning on working till you drop but what if something happens so that you can't work?[/quote]
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