Older Americans, employed and unemployed, may never recover financially from this latest recession, and more than half don't foresee themselves having enough money to live comfortably in their retirement.

These are new findings from AARP's latest Public Policy Insitute report. The report is a collection of data taken from a survey of more than 5,000 Americans – age 50 and over – who were employed, had been employed, or were seeking employment during the three year recessionary period before they were surveyed online last October.

“Many older Americans have been buffeted by skyrocketing health care costs, dwindling home values, shrinking pension and investment portfolios, and employment struggles,” says John Rother, AARP’s executive vice president for Policy, Strategy and International Affairs. “Even if you have a job, this survey demonstrates that you are not immune to the negative effects of the recession.”