My parents didn't save enough for retirement, and now that they're retirement age, they're struggling a little. I'm still in college and am not able to really help them. I'm worried about how they'll survive financially, and I feel guilty about not being able to offer much.
There is always social security and part time jobs, that seems to be the norm these days. A lot of old people do not have enough saved
Yeah, it's a growing problem and I think it's only going to get worse. My dad isn't in the best health, and is on a lot of medications, so that kind of hinders them a bit, too. I just wish they could actually relax and enjoy retirement like they deserve, instead of having to worry.
I understand and i seriously think finance should be taught in school at a young age but the banks do not want that and will fight to keep that class out of schools