America has an elderly housing crisis. The solution is hiding in your backyard.

Tech Insider : Business, Economy, Environment
Rear view of a retired senior man reading a newspaper in front of houses.

Getty Images; Alyssa Powell/BI

To most New Yorkers, Coney Island is the people's playground, known for treacherous Cyclone rides and Nathan's hot dog-eating competitions. To Ruth Douglas, it's been home for the last 40 years.

Meet the 'silver squatters': Adults in their mid-50s who are woefully unprepared for retirement

Tech Insider : Economy
An empty savings jar with a label that says
Nearly half of Gen Xers think they will need to postpone retirement, a Prudential survey found.

iStock; Rebecca Zisser/BI

A 'peak boomer' working in Germany plans to retire in the US because he believes the healthcare is better

Tech Insider : Economy, Economy, Travel
A photo of George in Munich, Germany. George is an American who lives and works abroad.
George, an American, lives and works in Munich. He loves the lifestyle but plans on retiring in the US for Medicare benefits.

Courtesy of George

A 70-year-old 'cool old lady' is living it up in retirement because of her 'good government job' — and all the senior discounts she's found

Tech Insider : Economy, Economy
Carol Cole in sunglasses and smiling at the camera
Carol Cole is living it up in retirement.

Courtesy of Carol Cole

Meet a baby boomer who will never retire because she has terminal cancer and can't afford to live off $1,800 in monthly Social Security

Tech Insider : Economy, Economy
an older woman at a hospital looks out the window
Mary, not pictured, doesn't think she'll ever be able to retire.

SDI Productions/Getty Images

Meet a boomer with no retirement savings — and no regrets

Tech Insider : Economy, Economy
an older teacher teaching a class of high schoolers
Nancy (not pictured) loves working in education, but has no savings.

skynesher/Getty Images

Welcome to 'peak boomer' era: A wave of retirees is about to blow through their savings and cling to Social Security to stay afloat

Tech Insider : Economy, Economy
Older couple walking on the beach
Peak boomers are getting ready to retire.

Alistair Berg/Getty Images

Middle-class Gen Xers are facing a new retirement challenge: their student loans

Tech Insider : Economy, Economy
A man frowning at his computer.

FG Trade/Getty Images

Gen X can add one more financial problem to its list

Tech Insider : Economy, Economy
Gen X woman on a train
Gen Xers are already dealing with their own economic concerns.

FG Trade/Getty Images

China is in the middle of its own retirement crisis as many older people cannot afford to stop working

Tech Insider : Economy
An elderly lady washing vegetables inside a tulou in Fujian, China.
Elderly lady washing vegetables inside a tulou in Fujian, China.

Sheng Li/Reuters

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