Oil prices are going up and energy prices are expected to follow as we head into the cold and flu season. Many seniors who can't afford to pay for the price increases will be vulnerable to the effects. To top it off, the flu shot is in major shortage and this could only add to the nightmare.
This is another witness that something should be done about retirement. Two things will help.
1-Social Security reform: Social Security isn't going to last especially if things don't change.
2-Education about retirement planning: Letting people know how they can plan for retirement will help them avoid these problems. Unfortunately it is too late for a lot of people. Our generation hopefully realizes that they will most likely provide for their own retirement.