I'm sure this topic has come up before but I'm new here :-) Since many of us are offspring of the baby boomer generation or of a generation earlier, I've noticed a trend. My parents and their siblings who largely grew up as Witnesses are now entering or have entered retirement age. Although my parents were generally hard working and responsible people, they have little retirement savings. Their JW siblings (also exceeding age 65) have little or no retirement savings. Many of their peers in their congregations have little or no retirement savings. I've noticed an unspoken panic (they wouldn't dare speak badly of the organization) among my parents and their siblings and peers on how they are going to live on their meager social security benefits especially as health issues are cropping up. For my parents and others who truly believed that they would never see retirement age "this side of Armageddon," the fact that "it" has never come is quite a blow to them. They really thought that they were among those "millions now living will never die" crap.
Anyway my concern is that the financial burden of caring for our parents is going to largely fall on me and my siblings which is not fair but I'm more than happy to ensure my parents will have what they need (regardless of how they treated me in the past).
Since the Society has sold the Furhman building in Brooklyn for something like 36 million dollars, it pains me that my parents who struggled, scrimped and saved while giving whatever extra they had to their religion now are facing a financially insecure future.
Am I alone in this problem? Has anyone else noticed this trend?
Thanks,
NYCkid