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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) |
onehandle (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 09:58 AM Original message |
Retired and broke: Why retirees are declaring bankruptcy |
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TBF (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 09:59 AM Response to Original message |
1. K&R nt |
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WillyT (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:00 AM Response to Original message |
2. K & R !!! |
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itsrobert (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:02 AM Response to Original message |
3. These are the BOOMERS |
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Fire1 (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:05 AM Response to Reply #3 |
4. Not really. The majority of America used credit cards just |
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SammyWinstonJack (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:21 AM Response to Reply #4 |
12. Ah but it's more fun to bash the 'self-indulgent' Boomers, don't ya know that? |
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Warpy (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:15 AM Response to Reply #3 |
6. Bullshit. The oldest boomers just turned 64 |
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JVS (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:19 AM Response to Reply #6 |
10. "Generation Suck" |
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Warpy (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:23 AM Response to Reply #10 |
15. It did suck |
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itsrobert (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:52 AM Response to Reply #6 |
19. Looks like I hit a nerve |
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flyarm (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 11:58 AM Response to Reply #19 |
36. only because you are totally ignorant to who are Boomers..and I wouldn't call it a nerve hit.. |
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Missy Vixen (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 12:09 PM Response to Reply #19 |
38. I'm 50 |
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annabanana (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 03:40 PM Response to Reply #6 |
51. +1 . . . .n/t |
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Le Taz Hot (1000+ posts) Send PM | Profile | Ignore | Mon Oct-25-10 08:09 AM Response to Reply #6 |
57. +1 |
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Gaedel (802 posts) Send PM | Profile | Ignore | Mon Oct-25-10 09:19 AM Response to Reply #6 |
59. We couldn't have had that much effect |
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Warpy (1000+ posts) Send PM | Profile | Ignore | Mon Oct-25-10 08:46 PM Response to Reply #59 |
62. But you did |
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Gaedel (802 posts) Send PM | Profile | Ignore | Tue Oct-26-10 07:42 AM Response to Reply #62 |
63. No |
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Dyedinthewoolliberal (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:19 AM Response to Reply #3 |
9. Please think about what you just posted. |
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Bryn (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:19 AM Response to Reply #3 |
11. My mother isn't one of the boomers |
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countrydad58 (274 posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:59 AM Response to Reply #11 |
21. Exactly! |
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WinkyDink (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:54 AM Response to Reply #3 |
20. I don't care what an Internet definition says; if you can't remember clearly 11/22/63, you are no |
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RaleighNCDUer (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 11:27 AM Response to Reply #20 |
29. Well, technically it pertains to the pupulation bulge that swelled up |
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starroute (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 11:11 AM Response to Reply #3 |
25. No, the Boomers are not "age 65 and over" |
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itsrobert (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 12:15 PM Response to Reply #25 |
39. Exactly, the ones that voted for Reagan and Bush |
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Le Taz Hot (1000+ posts) Send PM | Profile | Ignore | Mon Oct-25-10 08:05 AM Response to Reply #3 |
56. Maybe they were used to help pay off |
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Turbineguy (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:06 AM Response to Original message |
5. And that |
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Warpy (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:19 AM Original message |
That's the real reason they're bankrupt, along with the health care |
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countrydad58 (274 posts) Send PM | Profile | Ignore | Sun Oct-24-10 11:08 AM Response to Original message |
24. Yes |
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RaleighNCDUer (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 11:31 AM Response to Original message |
30. It's all the credit cards |
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glitch (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 11:49 AM Response to Reply #30 |
32. Not to mention being used to pay for medical bills. nt |
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glitch (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 11:46 AM Response to Reply #5 |
31. Shhh. Don't mention THAT, it might get in the way of blaming potential allies, |
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howaboutme (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:18 AM Response to Original message |
7. preaching, ranting and raving |
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Bryn (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:28 AM Response to Reply #7 |
18. Didn't you read? |
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RaleighNCDUer (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 11:04 AM Response to Reply #7 |
22. Hell yeah - learn to make do. |
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Wind Dancer (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 11:20 AM Response to Reply #22 |
27. Exactly! |
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uncommon (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 11:55 AM Response to Reply #22 |
35. Credit card use was called the number one culprit in this piece, not medical debt. |
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laughingliberal (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 12:08 PM Response to Reply #35 |
37. BS: This is what it said about that credit card use: |
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RaleighNCDUer (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 12:22 PM Response to Reply #35 |
40. Credit cards are a MEANS - |
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laughingliberal (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 12:28 PM Response to Reply #40 |
43. +1000 Couching it as 'credit card use' has the intended effect. Kind of like Ron's 'welfare queens.' |
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eilen (1000+ posts) Send PM | Profile | Ignore | Mon Oct-25-10 08:02 AM Response to Reply #22 |
55. I get that. I can see that medical expenses can be a |
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countrydad58 (274 posts) Send PM | Profile | Ignore | Sun Oct-24-10 11:14 AM Response to Reply #7 |
26. Survival |
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SOS (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 11:54 AM Response to Reply #7 |
34. 90% of bankruptcies are triggered by four things: |
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canoeist52 (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:19 AM Response to Original message |
8. I know seniors who have put |
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Bryn (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:22 AM Response to Original message |
13. K&R |
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Lorien (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:22 AM Response to Original message |
14. I'd be willing to bet that they're using credit cards because of medical debt |
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SammyWinstonJack (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:25 AM Response to Reply #14 |
16. +1 nt |
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glitch (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 11:53 AM Response to Reply #14 |
33. +infinity. nt |
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SoCalDem (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 03:01 PM Response to Reply #14 |
50. Many of the younger ones here, don't "get it", do they? |
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Overseas (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:26 AM Response to Original message |
17. "or they just end up getting into a lot of medical debt." OR? |
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Tatiana (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 11:08 AM Response to Original message |
23. Seniors are racking up credit card debt to pay for medical care and prescriptions. |
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stray cat (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 11:24 AM Response to Original message |
28. Almost no one has a guaranteed pension or retirement that will pay for retirement |
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melm00se (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 12:24 PM Response to Original message |
41. curious |
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bvar22 (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 12:27 PM Response to Original message |
42. Medical Bankruptcy.... |
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Iwillnevergiveup (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 12:42 PM Response to Original message |
44. Pensions |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 01:09 PM Response to Original message |
45. And for those whose retirement plans hinged on investments |
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pnwmom (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 01:13 PM Response to Original message |
46. It's also the economy. Many of them planned on selling their homes |
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newspeak (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 01:19 PM Response to Original message |
47. at christmas our credit union had a giving tree |
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snot (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 01:37 PM Response to Original message |
48. It's ridiculous that |
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howaboutme (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 01:57 PM Response to Original message |
49. While the elderly have less Wall St gets more |
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maryf (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 06:35 PM Response to Original message |
52. K&Rnt |
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Wednesdays (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 10:31 PM Response to Original message |
53. K&R |
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pscot (1000+ posts) Send PM | Profile | Ignore | Sun Oct-24-10 11:22 PM Response to Original message |
54. We definitely need a "really stupid thread" |
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BlueMTexpat (1000+ posts) Send PM | Profile | Ignore | Mon Oct-25-10 08:56 AM Response to Original message |
58. Using Warpy's terminology (LOL), I am late-"Generation Suck" |
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Dinger (1000+ posts) Send PM | Profile | Ignore | Mon Oct-25-10 09:23 AM Response to Original message |
60. Nursing Home Costs |
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SOS (1000+ posts) Send PM | Profile | Ignore | Mon Oct-25-10 10:06 AM Response to Original message |
61. Bank CDs pay 1% |
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