Day 75 - Fear of Retirement Due to Lack of Money

I will be of retirement age next month, which is 62, where I could retire and collect social security.  However, my monthly check would be so small as to put me way below poverty level and I could not live alone and support myself.

If I wait until I'm 66 my monthly check will be a little larger, but still not enough to support myself independently.  If I wait until I'm 70, I will have a larger monthly income still, which amount could afford me to rent a room (not my own apartment), as long as I did not have a car payment and minimal monthly expenses.

I have tried to save over the years, but most of the time I made enough to cover my living expenses only.  The past few years is the first time since I was a young woman, where I have been able to afford to live independently and this is only due to the generosity of the family of the woman I care for who subsidize my income I receive from the agency I work for.

I have saved very little, and have dipped into these savings time and again for needed expenditures, ie. medical bills not covered by my limited insurance, car maintenance, helping my son.

I am in the process of looking for a less expensive apartment, however, rents are very high where I live so I am looking to get into a 62+ community, however I must wait until I actually turn 62 and then must get on a waiting list.

So, this is always on my mind (lol), as my client is 89 years old.  How much longer will she need my assistance before she will just go into a more dependent living facility?  Or die?  At which time I will lose this income, and if I take another case with the agency it will be at their income rate which is much less than what I am now receiving.

I am considered one of the baby boomers, a wide demographic of people born between 1946 and 1964, with many of us coming into retirement age, where there have been many reports that this glut on social security will render it useless.

So, I have always struggled financially, raising my children, always having to cut corners, always existing within and as the statements "I can afford this/I can't afford this",  whereas money is never far from my mind, or should I say the lack of it, learning to live with less.  And as I come to the end of my working life I still have the same concerns that I always have had - "Can I Afford This?"

However there is a solution, practical in commonsense which addresses the needs of everyone, one and equal as what is best for all.

Join Us at Equal Money System, Desteni Universe, and become part of the solution that recognizes that CHANGE must happen to create a world where no one struggles in any form of poverty, that all are treated in dignity and valued as Physical Human Beings not just Consumers with no merit.