Working into your 60 and 70s? Good luck with that

At last count, more than four million Americans aged 55 to 64 couldn't find a full-time job, nearly double the figure of five years ago. It's an especially tricky issue for this age group, considering how little time there is to build up savings. From the WSJ:

"People are taking in boarders, they are moving in with their kids, selling their homes for the cash that they can live on," said Abby Snay, executive director in San Francisco for JVS, a community agency that teaches work skills. Although her agency has long focused on young people, the fastest-growing client group is closer to retirement age. Before the recession, only 11% of her clients were older than 55; now, it is 17%. "We are seeing people in a panic, in survival mode," she said. "They are about to finish their financial assets and all they have after that is their retirement funds. They are trying to figure out some kind of bridge so they won't have to pay an early withdrawal fee for their retirement incomes."