3 of 65
BACKNEXT
Charles Karriker: Retirement interrupted
Retired, 57, Hampton, Ark.

I retired about 12 years ago after thinking that I had enough of a "nest egg" to live comfortably. My home was mine (no mortgage... thank God!) and life was good - until lately.

I have most of my money invested in relatively "safe" mutual funds, but the value of those has steadily gone down to where I have considered going back to work. I realize that I am still much better off than many Americans but I have seen the plans that I made 10 to12 years ago become unrealistic in the present economic situation.

At the moment, I live in a rural area which unfortunately has very limited job opportunities for someone with my educational background (psychology). I can't afford to move to an area where I might actually be able to find a good job. And after having been out of the job market for 12 years - and considering my age - there are few places which will give me serious consideration as a potential employee.

There are certainly many, many people who have much worse problems than I do, but the state of the U.S. economy is having a negative effect on everyone. I will probably be able to weather the storm IF the economy begins to turn itself around fairly soon. If it does not, I am completely uncertain as to whether or not I will eventually be working the graveyard shift at the local convenience store just to keep the bills paid.

NEXT: Candace Schultz: Everything at risk
Last updated November 15 2009: 6:21 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
Awesome car options for first-time buyers There are lots of good options for millennials shopping for their first car. These models might not be the most popular, but they're worth considering. More
6 surprising things for sale on Taobao Consumers can buy just about anything and get it shipped to their door from Alibaba's Taobao, China's most popular online shopping platform. More
Most notorious recalls ever It's not just automakers that issue massive recalls. From lawn darts to Pokemon balls, plenty of other consumer products have been deemed dangerous, or worse, deadly. More

Special Offer