December 28, 2010
Mike Vanatta sits in the sunroom of his Vero Beach, Fla., home working on one of his blogs. Vanatta, 61, was laid off last January from his $100,000-a-year job as a sales executive for a turf company. And with savings of just $5,000, he's on a budget for the first time. In April, he will start taking Social Security at age 62.
Stories this photo appears in:
Through a combination of procrastination and bad timing, many baby boomers are facing a personal finance disaster just as they’re hoping to retire.
Use the comment form below to begin a discussion about this content.
Please review our Policies and Procedures before registering or commenting