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
8 CEOs who took a pay cut in 2013 Median CEO pay inched up 9% in 2013 to $13.9 million. But not everyone got a bump last year. Here are eight CEOs who missed out. More
7 businesses Amazon wants to shake up From industrial supplies to educational software, Amazon is about more than just retail and books. More
Don't miss these Tax Day deals From massages and paper shredding to cookies and queso, celebrate the end of tax season with these Tax Day freebies and discounts. More

Special Offer
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.