Tag: married couples
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The more the Great Recession recedes in the rearview mirror, the clearer is the damage sustained by the workers born in the final years of the baby boom. These so-called late boomers were between 42- and 47-years-old when the recession hit. Their careers were just hitting their stride when they were slammed by the downturn…
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Resilience – financial, emotional, and in the form of family and community support – was sorely tested when COVID-19 turned lives upside down. In a study of workers and retirees 50 and older, the people who lived alone or with extended family struggled the most in the first year of COVID to make the financia…