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Financial Planning / Foolish 401(k)s
|Subject: Re: 55 year old rule||Date: 6/11/2013 12:50 AM|
|Author: Fuskie||Number: 25051 of 25869|
I guess it depends on what OP does. If he has a skill set where experience, even after 5 years, is in demand, then they may have reasonable expectations of reemployment, even at age 50.
I had a co-worker during my years at Turner Broadcasting who we (he and I) jokingly called the keeper of dead technologies. His role was to maintain legacy systems that were more expensive to replace than to keep him on payroll to keep alive.
Taking a page out of his book, one of the reasons I have been able to make a living as a Business Intelligence Reports Developer is that many companies have a heavy investment in Crystal Reports templates and need contractors to come in every now and then to maintain these reports or write new ones.
Who notes the trick is to have a niche skill or level of experience that will remain in sufficient demand after the interval of employment avoidment...
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