Sorry about your husband’s job loss, ps. Hope that he finds something interesting and that pays well soon.
It’s only my gut sense, but my read of the economic tea leaves in the U.S. and worldwide is that things are going to be really tough beginning in ’08/’09, after lots of asset-backed securities collapse, leaving thousands of folks/entities pointing fingers at each other for counterparty risk assumption and proceeds.
Yes, an, one can’t count on a job lasting 30 years. That’s why sane/logical folks save, to get them through the inevitable downturns. That’s clearly been my approach since graduating from college 21 years ago.
