Re: older workers trapped in long term unemployment



On Feb 20, 2:54 pm, Marco <andymarcos...@xxxxxxxxx> wrote:
On Feb 20, 7:46 am, "rick++" <rick...@xxxxxxxxxxx> wrote:

Since this trend has been going on for nearly two decades, the message
is
you have to try to be "retirable" by your 50s - save a lot and live
modestly.

And this takes some restraint and insight, like resisting the
temptation in your 30s to buy a house with a huge mortgage and having
too many kids to support; such obligations come home to roost in your
50s (e.g. kids going to college, still having a big mortgage when you
have no job...)

Marco

One thing I don't understand. All kind of economy prophets and career
advisers keep saying that people have to work more years before
retirement. How they (old people) could possible archive that if they
are fired in masses?
.



Relevant Pages

  • Re: older workers trapped in long term unemployment
    ... And this takes some restraint and insight, like resisting the ... temptation in your 30s to buy a house with a huge mortgage and having ... too many kids to support; such obligations come home to roost in your ...
    (sci.research.careers)
  • Re: Bean and bacon soup???
    ... >>> mortgage, utilities. ... >>> Then I met my husband when I was 40 and the kids were teens. ... >>> mobile home, travel. ... Three years ago we lost our house and both went ...
    (rec.food.cooking)
  • Re: Bean and bacon soup???
    ... >>> kids, mortgage, utilities. ... >>> Then I met my husband when I was 40 and the kids were teens. ... >>> retire, mobile home, travel. ... Three years ago we lost our house and both ...
    (rec.food.cooking)
  • Re: Someone explain to me why psychotic female celebrities are obsessed with African babies ?
    ... It's not exactly insanity and I'm not sure why you need insight into ... a famous actress named Joan Crawford adopted a boy and a ... kids in what appeared to be "ideal domesticity", ...
    (rec.arts.movies.current-films)
  • Re: Bean and bacon soup???
    ... >> MoM ... > travel quite a bit years ago. ... mortgage, utilities. ... Then I met my husband when I was 40 and the kids were teens. ...
    (rec.food.cooking)

Loading