Work Until You Die

It’s not uncommon to hear someone say, “I am going to have to work until I die.”

Some say this because they truly love their jobs.

More often than not, others say this because they can’t see their way to living a full and happy life in retirement – because they have little to no savings.

Even if you are preparing for retirement, chances are about 40 percent of you will have less money to spend in retirement than you spend as workers.

A quarter of this 40 percent will live in poverty, says the Schwartz Center for Economic Policy Analysis – or 2.6 million people.

Yikes!

Even today, people in retirement are not doing well.

TheAtlantic.com recently profiled California resident Roberta Gordon, 76.

Gordon worked many different jobs during her “normal” working years but she never saved for retirement.

“So now, at 76, she earns $915 a month through Social Security and through Supplemental Security Income, or SSI, a program for low-income seniors. Her rent, which she has had to cover solo since her roommate died in August, is $1,040 a month. She’s been taking on credit-card debt to cover the gap, and to pay for utilities, food, and other essentials. She often goes to a church food bank for supplies,” Atlantic Reporter Alana Semuels wrote.

Working different jobs is common for many Pennsylvanians, not just Roberta Gordon.

The beautiful possibility of a retirement security program in the commonwealth is it would be a savings program working Pennsylvanians can take with them … no matter where they earn a paycheck.

Call your lawmaker. Tell them you want action on a retirement security program that helps all working Pennsylvanians.

You don’t really want to work until you die.