Baby boomers get yet another financial reality check

Published Updated 6 Min Read

About 40 years ago, they were told to cut their hair and find a real job. Today, this same massive segment of the American population, better known as baby boomers, is getting another ultimatum: Stop spending so much money and work even longer at that real job.

Oh, and while you’re at it, get a reverse mortgage – if you’re lucky enough to still own a home – because someone’s going to have to pay for your exorbitant long-term health care.


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