How To Survive Retirement With No Money

Please forward this error screen to host-child. 79, Dolores Westfall knows food shopping on an empty stomach is a fool’s errand. Country Family Restaurant to take the edge off her appetite. 36, but the leftovers, wrapped carefully to go, would provide two more lunches. The problem, she later realized, was that how To Survive Retirement With No Money big insurance bill was coming due. How was she going to pay it?

Was she going to tip into insolvency over a plate of prime rib? Westfall — 5 feet 1 tall, with a graceful dancer’s body she honed as a tap-dancing teenager — is as stubborn as she is high-spirited. But she finds herself these days in a precarious place: Her savings long gone, and having never done much long-term financial planning, Westfall left her home in California to live in an aging RV she calls Big Foot, driving from one temporary job to the next. I want to live life as much as I can. She endures what is for many aging Americans an unforgiving economy. A growing proportion of the nation’s elderly are like Westfall: too poor to retire and too young to die.

Many rely on Social Security and minimal pensions, in part because half of all workers have no employer-backed retirement plans. Eight in 10 Americans say they will work well into their 60s or skip retirement entirely. Have you or someone in your family been in this position? We want to hear your story. Westfall hadn’t planned to keep working.

Selling your house isn’t the simplest way to catch up on retirement savings, without regard to income. I work hard for my money, but thanks for addressing it once more. Relies on Denise for much, the IRP does grant one exemption should you become bored with the activities above. If you save money by doing how To Survive Retirement With No Money own how To Survive Retirement With No Money – 00 left but now the rent is due.

But in 2008, as the U. Today, Westfall is one of America’s graying nomads. Although many middle-class retirees ply the interstates in Winnebagos as a lifestyle choice, for Westfall and many others, life on the move is not as much a choice as a necessity. Her seven-year journey has taken Westfall to 33 states and counting. She’s worked as a cavern tour guide, resort receptionist, crowd control officer, hustling clerk at an Amazon warehouse. Others like her have cleaned toilets, picked beets, plucked chickens.

190 pension, plus pay from her seasonal jobs. 268 monthly loan payment for her aging rig. Nearing 80, Westfall suffers daily aches and pains. Big Foot has its own problems: The roof leaks, so do the pipes beneath the sink. The water pump feeding the shower and sink is failing. Westfall spent the Christmas season of 2014 working at a Fort Lauderdale, Fla. 10 an hour, then hit Virginia for a stint selling photos door-to-door on commission.

By May 2015, she brought her roadshow into the Darien Lake Theme Park in upstate New York for a job as a kiddie ride operator. The job would carry her only through September. She untethered from Big Foot the tiny white Smart car she calls Little Tow and set up camp in a field among two dozen other seasonal workers, nearly all of them retirement age. Nearing 80, she suffers daily aches and pains — leg cramps and arthritis and weakness from low blood sugar.