Welcome to this weeks edition of Baby Boomer Finance – Older Boomers and The Economy

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This is your host, Denise Boomer and Dr. Bee Boomer, welcoming you to this weeks edition of the Baby Boomer Finance on PodcastForBoomers.com.

This week we are talking about Older Boomers and The Economy.

As we get closer to retirement, the economy can hit us harder. Not only are prices rising but retirement accounts are hit hard in reduced value.

But you are still working and can wait out the downside. Just continue to work and rebuild for retirement.

For those who have retired, it can really be a catastrophe. Some questions to ask yourself. Can you go back to work? Can you survive until the economy recovers? Retirees are hit harder because many of them are not able to work and therefore make up for their losses.

So your older relatives may be in a very serious financial situation now that the economy has gotten worse. You may want to check on them to be sure they can survive under these circumstances.

Thanks for listening.
Remember your comments are always welcome.
Stay active!
Until the next time, this is your host Dr. Bee Boomer and Denise Boomer saying good bye!