Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Jobs and Careers
Reply to "Layoffs at 50"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]At least older GenX and boomers had cheap housing. We are late 40s with huge mortgage and no idea how to hedge against lay-off in 50s[/quote] We're slightly older, but had to move to DC to find jobs in our 40s and adjust to the higher prices; neither of us have never made more than 100k each, even in the DC metro. Concerned, because we pretty much have to work until we are 69 / 70. [/quote] Didn't do this but feel we're in a similar boat. DH is 8 years older than me. We plan to live overseas as soon as our kids finish college. Know this isn't for everyone but you can live quite well on much less elsewhere.[/quote] Except by time kids graduate college, they move back home for a bit before save up enough to move out the younger is almost 25. By time who can pack up and leave, need access to good health care and SS and Medicare kick in plus RMD 401k. It is damn 55-65 that is killer [/quote] I agree - DH is 63 and I'm 55. We plan to go to a country with good, inexpensive healthcare. We speak Spanish so have lots to choose from. Also Portugal (I speak some Portuguese as well) has excellent, inexpensive care. We are looking into getting citizenship elsewhere too but that can be expensive (Spain, Portugal, Malta, Ecuador, Panama, etc. We've told our kids about our plan their entire lives, traveled with them overseas, and they will either find their way after age 26 here in US (when we stop paying for their healthcare) or follow us or work to get a job overseas if they don't want to go the govt/teaching/corporate/military route which are the only ways to access healthcare consistently anymore in the US. Healthcare will break this country if coronavirus or some other pandemic/radical climate issue doesn't. Time to move on...[/quote Google Forbes magazine for a list of great places to move. Healthcare will never be fixed in the US because if CEOs don't suck every last penny out of people, that's socialism.][/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics