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Reply to "Everyone I know is laid off by age 55"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It’s absolutely paramount that professionals plan to be able to retire by 55. If you think age discrimination is bad now, you haven’t seen anything yet. The automated tools coming down the pipeline (including in white collar fields like law) are kind-boggling.[/quote] And then what do you do for 30 years?[/quote] Well, if you're like most people involuntarily laid off in their late 50's, you try to get by on as little as reasonably possible, try to stay healthy, and try to pick up what consulting or other work you can, as it comes. Or you get a job way below your qualifications just so that you can get the health insurance. (I also met a ton of people like this who moved to Orlando and work PT at Disneyworld to get low COL and free Disney passes for their grandkids. If you talk to any of the people who work the gates at WDW, this is pretty much their situation, or they worked in an industry with full pension at 25-30 years.) [/quote]
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