There is almost no real excuse for boomers to not have enough money for food. There is Social Security, pensions (if you didnt regularly job hop), IRAs and 401ks.
If your Boomer retirement plan was Social Security and my kids will take care of me, you are an idiot.
Side note: there are a significant number of retired Boomers who are having a portion of their SS checks withheld because they never paid off their college student loans. Incredible: They probably worked for 40 to 45 years after college, and they never paid off these loans.
Note to twenty-somethings out there....
Heres exactly when youll become a millionaire if you save $100 per month