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Now, he was out of a job. Having spent his entire adult life in corporate positions, he knew he could go jobhunting. The nation’s 73 million baby boomers (according to data estimates from the 2020 census ) are just starting to reach retirement age, yet they’re realizing that they can’t afford to retire.
You should have 3 savings accounts - retirement, rainy day, and emergency. Retirement is your 401k, CDs, cash, etc. Emergency funds are for when you lose your job, want to switch jobs, have to buy a car, unforeseen medical bills, or anything urgent that you need. Do a great job. Save, save, and save.
4) The previous assistant does not want to lose any important benefits/tenure/seniority at the previous company whether they be retirement savings, vacation accrual rate, or misc perks they would lose. Don’t automatically assume because the package looks good or the job sounds great on paper you will like it. Who knows?!
It is known that age only plays a factor because the more years you have worked for a company the more expensive an employee is because of their salary, overtime, and other perks/benefits that are considered in the overall compensation package (401k matching, retirement, etc). Would I like my boss, my team, my role, my compensation package?
I knew I didn’t want to jobhunt for more than 6-9 months if I didn’t have to. And as I was working, jobhunting and/or temping, I had to find other sources of happiness. So I read a lot about happiness, jobhunting, and a meaningful life. I’m not sure how your jobhunting experience was.
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