Boomers Risk Spending Golden Years in Impoverished Destitution

Vic Napier
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.

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Vic Napier

Vic Napier loves living in historic and beautiful Tucson Arizona teaching Business, Psychology and Statistics. Visit his blog at www.VicNapier.com