Becky Davenport, 61, fears she may never retire and might need to move in with her children. High living costs and medical expenses have hindered her savings, even though she works full-time.
There hasn't been a time that I felt secure because I'm always one car repair away from being in debt," Davenport said. "As a single mom for many years, I'll just be blunt: It's been horrible."
Davenport is one of many 'peak boomers' who will reach retirement age in the next few years and may not be able to retire. Many in this demographic haven't been able to save much after accounting for daily expenses.
Davenport got married shortly thereafter and had a son, though she got a divorce after five years. She had another son a few years later through another rel...
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