Issues for Boomers: can you afford to retire?

[SheilaT]

7. I'm going to be okay.

Because I got vested in Social Security back in the 1970's, and because I'm currently working part time, when I do start collecting SS (probably in about three years when I turn 66), my SS check will be greater than my paycheck. I will also get a tiny (about $100/month) from my old airline job.

I hope to keep my current part time job at a hospital until I'm 70, although any time after Medicare kicks in will actually be just fine. The health benefits seem to be quite good, although I do like to say I have the Republican Health Care Plan -- I don't get sick. So I don't really know if it would be adequate in the face of some huge health crisis.

Two years ago I tripped and fell in my own driveway and broke my right arm, a non-displaced hairline fracture of the ulna. A few weeks ago I got a check for $35.00 from the hospital. Turns out I'd been charged (and paid) for one of the follow-up visits or x-rays that I shouldn't have been charged for, and just now got the money back.

I do also have additional savings that should tide me over.