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coach factory outlet online real coach bags food into her Channel handbag. Other times we find it tragic, as when our best friend's Mom passes away, never having taken that trip to Italy she always wanted.Financial commentators have a name for the tendency of current seniors toward parsimony. They call it "the depression mentality," and write it off to the tough money times our parents and grand parents shared, seventy years ago, when they were teens. But don't be fooled. Our seniors are not just reacting to the past. Many of them are simply running out of money as they enter their seventies, eighties and nineties.The great jazz pianist Eubie Blake said it about health, "If I knew I would live this long, I would have taken better care of myself." We can all say the same about our finances. Longevity, our increased life expectancy is a big reason. Of all humans that survived past the age of 65 throughout recorded history two thirds are alive today! That is because we are the healthiest and wealthiest of societies. But we are not yet financially prepared to live three decades past retirement. The good news is we are going to live longer. And the bad news is that we can't afford it.Longevity and the danger of outliving your money.When exactly does the fulcrum shift so that women with nice homes, good money habits and steady jobs find that they can't make ends meet, and are forced to choose between a gift for their grand children and an outing to a Broadway show. The choices are private and the wear and tear is subtle. No food stamps, or public assistance, no shelters or Medicaid. The reality for the middle class bag lady is fewer meals