Boomers Risk Spending Golden Years in Impoverished Destitution
6 min readOct 11, 2021
But there is a bright side…
The collapse of the industrial economy in 2008 followed by the COVID recession wiped out a substantial portion of the wealth of the younger Boomer cohort. These people, now in their fifties and early sixties, will likely never retire. Their golden years will be a scramble to avoid poverty.