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mahatmakanejeeves

(57,497 posts)
Fri Oct 5, 2018, 12:33 PM Oct 2018

A Retirement Wealth Gap Adds a New Indignity to Old Age

UNPREPARED

A Retirement Wealth Gap Adds a New Indignity to Old Age

Many middle-class Americans are financially unprepared for retirement—and that is leading to an array of social tensions

By Jennifer Levitz | Photographs by Rachel Bujalski for The Wall Street Journal
Oct. 4, 2018 11:29 a.m. ET

SANTA ROSA, Calif.—On a Saturday morning in retirement paradise, Ken Heyman stepped out to his front porch and found a brown paper bag. Inside was the chopped-off head of a rat.

Mr. Heyman was acting president of the homeowners’ association at Oakmont Village, an enclave in Northern California’s wine country for people age 55 and over. For months, the community had battled over the unlikeliest of topics: pickleball, a game that is a mix of tennis, badminton and ping pong. Some residents wanted to build a pickleball court...

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A Retirement Wealth Gap Adds a New Indignity to Old Age (Original Post) mahatmakanejeeves Oct 2018 OP
What a sad article. ploppy Oct 2018 #1
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