Retirement Is Not an Option

Feb 24, 2014 by

Retirement Ahead road sign

Chock full of scary statistics and scared, regretful people age 59 and up, this gripping (thanks in part to the soundtrack) 3-minute video from Yahoo Finance would be an attention grabbing kick-off to the “Why Save for Retirement?” piece of what should be mandatory high school personal finance coursework.

My Questions for You

Does this sort of message motivate you to save more?

Do you know anyone in the sort of predicament the people in this video are facing?

What do you think will become of these folks and the millions like them? Move in with kids? Communal living for seniors, as Marian suggested? (I actually think that’s an excellent idea.) Poverty and homelessness in old age? A taxpayer bailout of some sort?

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