A trucker still works part-time in his late 70s because he can't afford to retire
Briefly

Hank Faber, 77, drives his 2009 Volvo semi-truck to cover monthly expenses of about $6,000, relying on his trucking income and Social Security. He regrets spending retirement savings on a vacation spot, lacking a 401(k) due to self-employment. With nearly a million miles driven accident-free, he remains dedicated to trucking despite health concerns impacting his income. A BofA survey indicates that 25% of households spend over 95% of their monthly income, reflecting a broader trend among older Americans struggling financially.
Faber and his wife have about $6,000 in expenses each month. They haven't taken any big vacations in years, only go out to eat a couple of times a month.
Faber, who was 77 at the time of his interview, stated, 'I should be retired at my age,' highlighting the challenges he faces with his financial situation.
Read at Business Insider
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