Notice when the stock market crashed, and businesses started going under, that the Babyboomers were nowhere to be seen during the recovery... Why???? Because the Babyboomer thought that being 50+ years old it wasn't worth it to start all over again At the bottom with a new job.... Why??? Because it wouldn't pay the same as the old job... Plus the skills they had were old, and didn't want to go back to school.
So what did the Babyboomer do to get money without having to go back to work??? The ones that were able retired, or retired early... The rest that weren't able to do either of those went to their Drs and Lawyers and collected SSI