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Reply to "If you were to lose your job at age 55+, would you retire/dial back or look for another full-time position?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I was laid off my 300k job at 54, got a 320k job, got laid off that at 57 then got a start up job for two years big pay cut, then started current role at 61 paying 250k. I will keep working till o am laid off and can’t get a job. 55 is extremely young, it is someone born 1970. I got a job that age paying 320k. It is a lot harder at 60 plus. 55 is a spring chicken with a decade or more to go [/quote] yea keep telling yourself that. Anyone over 50 is OLDDDDD, real old [/quote] No 50 is really young, I say that as better higher paying jobs need a lot of experience. I say 45 is absolute youngest you can be. My job I got at 54 they wanted prior regulatory experience I had 10 years. Prior big 4 experience I had 8 years, MBA and certifications, then a few big name brand companies on resume which I had 12 years of industry experience. They also wanted experience running departments. That type of roll I got first at 45 and Board told me wanted “younger and hip” candidate. They were so picky most of candidates in 50s already. The 54 year old job they wanted a more seasoned guy but not so old could not get 7-10 yards out of. So perfect. My job hunt at 60 was hard as now I am Arron Rodgers or Joe Flacco. QBs very tail end of career whose only fit is desperate football team needs a short term turn turnkey solutions right now as they figure out long term solution or they mentor someone to take role. 63 is real kiss of death. My buddy was head of a 100 person critical area in a Fortune 500 and forced him to hire successor, train her than at 64 become deputy head of area. No pay cut but second in charge own area. They offered him a bit of severance package if he did this and he was planning on retiring around 65 anyhow. But he was like what a slap in face. BTW 30 can be older than 55 in corporate America if you have crappy skills [/quote]
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