My Modest Retirement Is Not Bankrupting America
Retired State Employees Like Me Aren’t Living It Up, But We’re Getting By—Which Is More Than You Can Say for the Next Generation
I’m a Boomer or close enough, born in December 1945. My parents, who grew up during the Great Depression, told me that financial security, especially in retirement, was the most important goal of my working years. I listened.
And so, though I’m not rich or famous, as a retired California state worker I’m reasonably secure. I get a modest but safe state pension which, coupled with Social Security and a veteran’s disability check, gives me about 70 percent of what I made while working. That keeps food on the table …