I agree with Ann Romney’s statement that “everything has become harder these last few years.” I am a living example. Since 2008, my net worth has plummeted more than 30 percent, despite having a well-managed IRA to secure my future, real estate holdings and a lifelong effort to retire in some degree of comfort.
Today, I have been forced to allow my property to foreclose because of an underwater mortgage. A credit rating of over 800 has dropped to the point where buying another property for seven years is out of the question, even at today’s low rates and prices. My income is limited by my efforts to preserve the principal so I don’t have to become government-dependent at some future point. Prices continue to escalate, further squeezing my ability as a consumer.
No, I don’t have it as bad as many struggling with much less. We have all been impacted in some way by the past four years’ policies and economy. It saddens me that all the good planning in the world couldn’t avoid the setbacks we now suffer. Hopefully, we don’t accept the status quo, but see the possibility of recovery in a new, energetic administration.
They say what doesn’t kill us makes us stronger. The challenge today is to endure, embrace change and keep on trudging, as we have in the past.