Still Working, But You Could Wind Up Homeless
"I have a job. But I am late on rent and credit cards payments." Usually that poignant tale is told to me during a tarot reading by a person over-50 who can't make ends meet. That's even though they're working full-time. Most have lived their lives in locations which have become HCOL (high cost of living). One day, they're making it. Then they're not. Their fear is this: becoming homeless. That's currently realistic. One in four of the homeless is age 55 or older. In 2024, homelessness surged 18% . A radical solution but it is a solution is to pull up roots and relocate to a LCOL (low cost of living) area. As I lay out in this article in "O'Dwyer's Public Relations," there is a broad range of LCOL options. They range from Tucson, Arizona where a studio apartment runs about $800 to neighborhoods in Birmingham, Alabama where the monthly nut is only about $400. In Youngstown, Ohio a large one-bedroom could go for under $700. Abroa...