Nevada resident Sandy McConnell, a full-time accounts receivable specialist who earns £36,454 ($50,000) annually, thinks it is sad that people her age have to work so late in life. With £26 ($37) in savings and over £51,035 ($70,000) in debt, she wonders if her situation is because of poor management in earlier years, the surrounding circumstances in life, or a lack of financial guidance.
In an interview with Business Insider, McConnell said she works because she has been single since 1997 and has a mortgage, a car payment, and high levels of credit card debt. The senior explained she avoided opting for 401(k)s with some of the companies she worked for, thinking she would need the money at present and not 10 years later.
