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Reply to "Everyone I know is laid off by age 55"
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[quote=Anonymous]This would be a good thread for the usual posters in the money and finance forum who advocate stretching oneself to buy a house 5-6 times their annual salary at 30 on the idea that they are only on an upward trajectory. I have seen many, many people get laid off in their 50s and early 60s before they were ready to retire and unable to find jobs that paid nearly as much.[/quote]
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