Laid off at 55, This Is How I Plan to Manage $400,000 in Cash Without a Tech Job
55-year-old tech worker in San Francisco laid off unexpectedly has substantial retirement and brokerage assets, $450k cash reserve, manageable low-rate mortgage, and $70k annual expenses.
I'm A 54y Boomer Facing a Possible Layoff And Don't Know What To Do Financially
A 54-year-old with substantial retirement savings, a low-rate mortgage, one-year severance, and pension options faces minimal financial risk from an impending layoff.