You have heard about non-voluntary retirement, but is it something you have made provision for? According to a study of wide scope by ProPublica and The Urban Institute, it appears that somewhere close to 56% of Americans experience this unanticipated job loss after age 50. This means that years assumed to be peak-earning years could end up as years of substantially reduced earnings. Nevertheless, foreknowledge of this trend can help us safeguard our incomes and plan for contingencies.
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