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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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