Surprisingly, those around me at work seem to be feeling little effect from the economic downturn (I am in a somewhat recession-proof business). As a single woman closing in on retirement, and with a relatively new (2 years), larger mortgage (how d'ya think I bought this property!), I am terrified. Thank the heavens above that I have made a fairly good salary my working life and, consequently, my Social Security payment, if I wait until 70 to retire, will keep me alive and in my home. I just got my SS statement last week and was that ever welcome news after the dramatic losses in my 401-k and retirement accounts.
But it wasn't until a trip to Lowe's 2 weekends ago that what is going on in the country really hit home. I was there between 1 and 2pm on a Saturday afternoon!! The parking lot was only half full...or, rather, it was half empty! I was floored!
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