Baby boomers who can't afford to retire are the ones fueling Maine's economy, Sen. Susan Collins says.
"We have people that are outliving their savings," Collins told an audience at Husson University in Bangor, The Bangor Daily News
And with their Social Security benefits being insufficient to pay the bills, they are forced to keep working, said Collins, a Maine Republican.
Still, according to Collins, other Baby Boomers in the age 55-64 bracket are adding to the economy by starting up their own businesses late in life.
"They've generally worked for many years, built up expertise, set up networks, and always wanted to be their own boss," Collins said.
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