By Mark Hulbert, MarketWatch
You have 15 or fewer years until retirement, you have a sound retirement financial plan that is adequately funded, and you’re counting down the years.
And then, out of the blue, you’re let go. Your retirement financial plan becomes suddenly irrelevant, since it had assumed several more years of peak earnings, along with commensurately larger contributions to your 401(k). Your projected Social Security benefits had also been predicated on those peak earnings.