
A concerned son shared a tough story about his 67-year-old mom who retired with no savings, is now getting divorced, and only has $1,000 a month to live on. He had warned her in the past to save for retirement, but she refused.
“She told me it was a scam,” he wrote in the r/povertyfinance subreddit recently. “I have also told her she needs to get a job to at least have some money. She hasn’t tried, but says no one will hire her as she’s too old.”