https://www.nytimes.com/2018/08/05/business/bankruptcy-older-americans.htmlI gotta say, it's incredibly depressing to know that so many retired people are in such bad financial shape. Many, maybe even the vast majority of these people, have worked long, hard lives and it's still not enough. Now they are in such a position that they simply don't have the means to rebound and are left with few options, especially if some sort of massive financial bill (such as medical-related) comes and they have no way to cover it.
For conservatives who wish to gut the safety net, this is just a preview of life without it, and these people have social security! Without it, our society would be up to its neck with poverty-stricken retirees who are flat broke with no way to support themselves and no doubt many homeless or passing, not to mention notable declines in life expectancy. And with drastic cuts to it, the future for them is not that much better.
