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Reply to "At what net worth level were you lo longer concerned about losing your job?"
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[quote=Anonymous]I don’t worry about it. I’m 50, DH is 55 and we have about $1m in retirement, $100k in our kid’s 529, and a few hundred thousand in equity in the house. We plan to work for another 10 years in our current jobs then downshift a bit until we retire. I don’t worry because there is no point. DH is a journalist and has been laid off 4 times in our marriage in the implosion of paid journalism. We’ve survived every time, and something new and interesting came out of each layoff. We don’t make a ton of money, so living on not a ton of money isn’t frightening to me. Yeah, life is more comfortable when you are rich. I’d like to be able to pay for assisted living when I am old, and we are working and saving with that in mind. But if we lose our jobs we’ll STILL be wealthier than like 90% of Americans. Why should that worry me? [/quote]
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