Adult Children Moving Home

Kelt · 09-08-2013, 08:26 PM

Quote:

Originally Posted by Martina

I wouldn't characterize older people without enough means to get through retirement as irresponsible. A lot of pensions have been reduced, especially medical benefits. Many people count on social security, but it is nearly impossible to make it on that. To have saved on top of paying into social security is really necessary, but a lot of people lost everything in the housing bust. Many folks' entire savings outside of social security were tied up in their homes, and many people lost their homes, not just those who took subprime loans. Or the homes are worth much less than they were before. Lots of hardworking people are underwater on their homes, and most Americans' wealth is tied up in their homes.

And a lot of people lost jobs in the recession. The jobs they got after that were not as good. Those who didn't lose their homes are living close to the edge. Bill Moyers does a good piece on this nearly every month. Millions and millions of Americans barely pay their bills every month.

And getting a job over 50? That is unbelievably hard for most people even in high demand fields.

I was actually trying to be a little tongue in cheek. I agree 100% with you. I was implying that not all adult children who move back with parents are irresponsible just as older folks who lost it all in the recent economic slide are not irresponsible either. And no in no way would I expect an elderly person to go out and find work when people my age (52) are having an almost impossible time due to age already. I have several friends in impossible situations due to the very reasons you list.

I was highlighting some of the seemingly answerless problems we are facing. I was saying the same thing as you are here as an "other side of the coin", how a younger person could see it.

It's hard to convey tone in text.

Kelt · 09-08-2013, 08:44 PM

I come from a place of at least partial understanding.

I worked in one industry and was well rewarded for nearly 25 years. The bottom fell out of that so I went to college and reinvented myself for a shiny new career that lasted 8 years at less than half the pay. I am now faced with reinventing myself for a third time. This time with medical challenges, no insurance, and over 50 years of age. I have no family to call on.

I am trying to understand multiple perspectives and options (or lack thereof), not making light of anyones situation.

09-08-2013, 08:44 PM	#2
Kelt Senior Member How Do You Identify?: Beach Butch Join Date: Oct 2010 Location: SoCal Posts: 2,751 My Photo Gallery Thanks: 19,765 Thanked 15,279 Times in 2,538 Posts Rep Power: 21474853	I come from a place of at least partial understanding. I worked in one industry and was well rewarded for nearly 25 years. The bottom fell out of that so I went to college and reinvented myself for a shiny new career that lasted 8 years at less than half the pay. I am now faced with reinventing myself for a third time. This time with medical challenges, no insurance, and over 50 years of age. I have no family to call on. I am trying to understand multiple perspectives and options (or lack thereof), not making light of anyones situation.