Loading descriptions...
Boomers and seniors caught in the financial meltdown.
The economic crisis is affecting people in all income and social
brackets, but America's baby boomers and seniors don't have the
option to wait it out. The housing meltdown, market crash and
rising costs of everything from food to medicine have taken the
luster out of seniors' "golden years" or worse put them into deep
debt. Some are reluctantly exiting retirement to look for jobs,
while others are falling prey to predatory lending companies. NOW
ON PBS travels to South Carolina, a state where many retirees and
winter refugees are being forced to rewrite the last chapter in
their lives, to see how they are coping and what options are left.
NOW's Web site (
www.pbs.org/now ) will provide
tips to help older relatives and friends cope with the faltering
economy, as well as clickable state-by-state information on the
economic status of America's seniors.