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AfriGeneas Discuss! Forum Archive 2

Re: [Senior Citizens] The Money Crunch

> Many retirees are caught between fixed
> income and rising expenses. It is a struggle
> to keep pace.

> "When the fixed incomer takes money
> from the savings account there is no way to
> put it back."

> "Property taxes are so high its like
> paying rent even though the home is paid
> for."

> Whats a Senior Citizen to do?

VKN, I feel like a homeless person. when you have your 401k and also your retirement it is still is below what your yearly salary was.I am trying to avoid having to work since I have retired ,although it will be several years before I will get Social Security.

I never thought about budgeting or balancing my check book.I now get what I need instead of what I want.But with taxes so high now, your escrow can fall short sometimes.

I now know how foolish I was with all three of my wall to wall closets full of clothes. I am thinking, what was that all about? I don't get out much now as I used to.

The city wants to hike city taxes every year.

But I am blessed that I will not have to survive on Social Security alone.But medicine costs and co-pays have gone up this year.

I retired early and am bored because I have nothing to do , but all of my former co-workers say they are tired of working and they are only 40.

Messages In This Thread

Re: [Senior Citizens] The Money Crunch
Re: [Senior Citizens] The Money Crunch
Re: [Senior Citizens] The Money Crunch

18 Dec 2002 :: 14 Nov 2008
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