Boomers With Regrets, Those Sitting Pretty
" I wish we didn't pay for our daughter's big wedding." That's what one distraught Boomer lamented during a complimentary consultation for coaching. They, like a growing number of those who need work to pay bills, can't find it. The Wall Street Journal describes them as part of the "jobless boom." It looks like this: " ... total payrolls shrank in July , the fifth time in the past 12 months. Private payroll growth has averaged a little over 50,000 per month for the last year. These sorts of trends are virtually unprecedented outside recessions." Meanwhile, companies are producing great earning. Predictions from a recent Stripe survey are for economic growth for the next five years. Very smart people are in this pickle. Perhaps it was the blind faith in their high intelligence which drove the assumption that they can live the good life to the fullest. No need to embrace financial realities. In contrast, there are the Boomers who have li...