Retirement in America is a disaster for many.

It is always easy to tell who did not bother to read what I posted.

But that aside, things doing in Panama are fine. Sure, the U.S. is the best place to work, but Panama seems like a nice place to live. In this wonderful info age it's not to hard to work in the U.S. (online) and live in Panama. My experience is that living here requires either a high frustration tolerance level, or a powerful sense of humor --preferably both. Fortunately I'm married to someone who can manage local business transactions while I do the U.S. stuff.

I could work 100% on-line, but much harder for a bedside nurse to do so!
 

Retirement in America is a disaster for many like Withers. And no one — politicians, financial planners, pick your own expert — seems to know what exactly to do about it.

I have been covering all this for years as a journalist, book author, and public speaker. Trust me, the state of retirement in America has never been this bad since the federal law that molded the majority of today’s retirement landscape, the Employee Retirement Income Security Act, or ERISA, was signed into law 50 years ago.


The article is a tad long but well worth the read.

The heart of the problem comes down to not saving enough prior to retiring and the cost of healthcare as you age along with the cost of assisted-care facilities and nursing homes.

Lots of suggestions for how to fix it, most rely on the Govt, which does not seem to be the way to go

The problem is the rich are screwing everyone and they own the government, and the people are too stupid to do anything about it.

And they get told immigration is bad, when immigration, or working until people are 85, are the only two real solutions out there, other than having a stagnant economy (think Japan).
 

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