Opinion: You’re likely to be out of a job in your 50s — 4 ways to prepare and minimize the pain

We all likely know someone in their 40s or 50s who was on track, doing just fine until they weren’t.

None of us who’ve played by the rules expect to land here, forced out of our jobs and facing early involuntary retirement. Yet, this is a reality for millions of older adults. A recent study by the Urban Institute and Propublica found that over half of workers over the age of 50 will at some point be jettisoned from their jobs (fired outright) or forced to resign (jumping before they’re pushed). Only 10% will ever again be compensated at the level of the jobs they left.

See more at MarketWatch.

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