Finances in a pandemic: Seniors are better off

Finances in a pandemic: Seniors are better off

Some call a booming economy a “rising tide that lifts all boats.” We’re experiencing the flip side of that now: a sinking tide that is wreaking havoc unequally. Seniors are bearing the brunt of the crisis as it relates to serious infection and death, but the financial picture for most “boomers and beyond” has been a mixed bag. Short term, we’re better off

Short term, our age group is faring better financially than others. Most seniors are beyond the tethers of salary needs and dependents. Almost 90 percent of people age 65 and older draw Social Security, which […]

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