Posts Tagged ‘ change financial expectations ’

RESTRUCTURING EXPECTATIONS, A FINANCIAL REALITY

Feb 16th, 2012 | By Dr Jerry D Elrod | Category: Senior Moments Blog

Some of the hopes and dreams of having passed 70 are now coming face to face with some of the realities and abnormaIlites of our time. This was to have been the time when the focus shifted from caring for others and meeting the needs and demands of daily survival as prompted by familial obligations and “making a living.” It was supposed to have been an occasion when some of the long held dreams for retirement would begin coming together. What happened? Where and how and why did the signals start sending confusing information?

It happened when and as the social and cultural rules began to change. It happened when the old guidelines for choosing a profession or occupation shifted. It happened when the kids went off to school, but couldn’t nail down a responsible and productive job after graduation. It happened when income no longer kept up with expenses. It happened when owning a home was threatened and