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Originally Posted by Xavion
Well that sucks man...i'm sorry to hear that.
But at least your not completely shit-out-of-luck. You had some money put away, which is more than i can say. I don't really make enough money to put any away in savings. I make just enough to pay my bills...barely!
So...are you actively job-seeking? Or are you just taking it easy and relaxing for a bit before you look into heading back into the workforce?
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Well I was 52 when I got laid off and looked around for a little while. People are reluctant to hire you when you are over 50 and have a track record of high incomes.
My wife and I decided to sell our house in a high priced area and buy one for cash in the country and just retire. That was 3 years ago and we don't regret it. Putting away about 15% of our income over the years has made all the difference.