Nina, 72, and her husband James, 68, left their jobs in 2012, thinking they would be set for a . However, unexpected life events have made their anything but relaxing. The New England couple both were state workers for decades, retiring with .
They that both would have long hospital stays, lose two of their children, and struggle to afford a new car. Though Nina and James acknowledged they have enough to live and spend on home renovations, they're about their financial futures, as their pensions barely cover their living expenses. Nina recently took at a hospital to give them more financial stability.
Both asked to use pseudonyms because of the sensitivity surrounding their past jobs as state workers. "We're certainly not poor, but at the same time, we really thought that between our retirement and , we would be in really good shape, and we have a good health plan," Nina said. "But even with that, the way inflation is, it's just out of control.
We haven't had a vacation in eight years. We've got enough to get by if no more big emergencies come up." Across the US, millions of Americans are worried they won't have .
Some boomers told Business Insider they would into their 70s or 80s to afford their daily expenses, while some Gen Xers and millennials said they've retooled their or become more cautious about spending. Some said that though they could have made earlier in life, they think working for over four decades should guarantee some comfort later in life. "Sometimes, when I.