According to Liz Pulliam Weston of msn.com, “Are Seniors Gambling Away Their Retirement?” By Liz Pullian Watson, msn.com some seniors are gambling away their nest eggs at casinos, in slot machines and around poker tables. Seniors gambling away their retirement benefits. Over time, seniors feel the financial burden of continued betting and often believe they must continue gambling to. Addicted seniors are either gambling their retirement funds away or spending too much of their fixed income, leading to unmanageable financial strain. 'About 40 percent of the people we see are over 50,' says psychologist Robert Hunter, who directs the Problem Gambling. For about 8 percent, it's an addiction that can cost them their retirement nest egg. In fact, experts say, older Americans are the fastest-growing segment of gambling addicts.
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