What to do when you're 50 and broke

What to do when you're 50 and broke
What to do when you're 50 and broke

Being 50 and broke isn't so unusual these days. There are a lot of Boomers whose savings was devastated by the decline in the stock market; whose jobs went out from under them; and who leveraged themselves to the extent that they lost their house or even had to declare bankruptcy.

If that's you, what do you do next?

Here are six steps to solvency, some of them inspired by Investopedia:

  • Get up off your duff. Just sitting there and feeling sorry for yourself doesn't help.