Reply to Everyone I know is laid off by age 55

Forum Index » Jobs and Careers

Reply to "Everyone I know is laid off by age 55"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I am 40 years old and work for a government contractor. I have seen many people get laid off around age 55 or older but before they planned to retire. Some were high income earners in the 150-200 range. Most were unable to find another job that paid nearly as well with benefits. Some did not find jobs at all. Some were able to "retire" but others were not and had to work demeaning jobs. Maybe this will be a lesson to the frequent posters on this board that advise overextending oneself on the assumption that incomes will go up perpetually. It is critical to save as much as you can as early as you can.[/quote]

$150k-$200k is high income?[/quote]

This is why we love DCUM.  $150-$200K is 92nd-96th percentile in the US.[/quote]

If you adjust for depreciation, trusts, tax loopholes, pensions etc it’s more like the low 80s %tile.  Still not bad though![/quote]

And 70% of Americans don’t have college degrees.  So consider ourselves highly educated with a GMU diploma?

https://www.census.gov/newsroom/press-releases/2020/educational-attainment.html[/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