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Reply to "Laid off. Have now been rejected by three jobs I'm qualified for with a form letter."
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[quote=Anonymous][quote=Anonymous]Not enough people stress to their children the absolute importance of being able to get financially independent by the time you are 40 The market hates you after that sans a select few [/quote] I'm 39 and have been saving under the assumption since I was 21 that it would be very hard to replace my income after 50. Unfortunately, I think you're right that the goalpost is moving even younger in many industries and with offshoring/automation of white collar jobs. It is pretty tough to earn and save a lifetime's worth of money in 20 years in todays environment. I am deeply concerned about the financial and career prospects our kids and young adults will be facing. I think it is a time of massive change and will eventually be OK, but I feel like Gen Z and Gen Alpha are about to be caught in a really bad spot in the transition. [/quote]
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