"I look back on it, yeah, I'm in a much worse financial position than I was eight years ago. I'm going to have to go out at age 62 and kind of readdress some of that"

This quote by Bruce Babbitt assesses his financial scenario and how it has altered over the past eight years. He acknowledges that he remains in a worse financial position than he was before, which he will have to act to improve it. He discusses that he will need to go out at age 62, which might imply that he will need to try to find a job or begin a company in order to make more cash. This quote reveals that even though he remains in a worse monetary position than he was in the past, he is still determined to take action and enhance his situation. It likewise shows that he is aware of the significance of financial security and wants to take the required steps to guarantee it.