Poor Old People

AARP recently reported that senior citizen bankruptcies are on the incline. They state the high costs of health care as the most significant reason.

Since these reports are compiled months before publication, we can imagine food and gas prices are another big factors as well.

Forecasts for natural gas heat for the coming winter are double last winter's costs. Readjust those budgets.

I recently heard that "they" (the smarter voices) say we (in our 50s) will need $1,000,000 with which to retire comfortably.

My father called it living on a fixed income. What is not fixed in retirement are the expenses. Around here real estate taxes have climbed so much over the past decade that if you were retired, it could cause you to relocate.

Keep saving. It looks like frugal must be our mindset from here to the grave.

'til later