Reader hopes for the best for Mr Fugazzie
August 30,2013
Rob
Hopefully, being written up in the NY Times helps Mr Fugazzie out. I’d read something about A&Ps business troubles last year; I guess it finally caught up with him.
I’m in my mid forties. I save like a fiend, and carry zero debt. If I find myself out in the cold past 55, I know the odds are, I’m staying there. Age discrimination is very real: people think you’ll be too jaded, confrontational or lack the enthusiasm required for lower and middle management jobs, and top jobs are not usually handed to the unemployed.
A good strategy: minimize debt. Stay as healthy as possible. If you still have insurance, use it! Get checked up, eat well, watch your weight etc etc. And consider a plan B: what would you do if you were shut out of the industry you’ve learned for the last 30 years? Do you have transferable skills? Could you learn something new? Teach? Pick up a trade? If you have the time, learn one now. Learn a language: Manderin, German, Japanese, Portugese, Russian (just listing the languages spoken in the worlds larger economies – full disclosure I know very little of any these but am learning Manderin).
Sorry to preach. Just my two cents. Good luck.
Why didn’t I think of that.