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Money and Finances
Reply to "PSA: Save early"
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[quote=Anonymous][quote=Anonymous]I just got laid off from my job. I am 51. I felt like I was on track for saving for retirement, but that did not include losing my job. I have been making 6 figures since my early 30s, but only started saving aggressively in the last 5 years. Boy, do I wish I saved earlier. [/quote] I got laid off at 47, sporadic employment after that, and then again at 56. 'Retired' now, but was a paranoid saver, plus spouse works, so we are good. Sorry for your loss OP. Couple of things: - If you don't have life insurance outside of work, get that taken care of asap - If you can get long-term disability outside work, get that taken care of asap - If you plan on looking for work, register a company asap and name yourself one of the principal along with your spouse. You can use this to 'fill in the blanks' in your employment history. Good luck![/quote]
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