I lost my job at 58. Here's how I was able to get by until retirement

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I lost my job at 58 and took a new one at 40% less pay. I was still able to get by until retirement after I took in a roommate and I rarely went to restaurants, bars, movies, concerts or plays.

I learned to live a lot more cheaply after I lost my job at age 58—and that’s allowed me to retire with a less-than-average income.

Housing. Living by myself in a two-bedroom condo, I decided to take in a roommate. I didn’t really want to be sharing living space in my 60s, but my roommate’s rent helped a lot over the next three years. Medical. For many years, I’ve had a CareCredit card to pay for extraordinary medical or dental expenses. I’ve always made sure to pay it off before any interest accrued. I’ve also tried to stay healthy through diet and exercise.Groceries and household items. I planned all my meals and shopped prudently for groceries, going to several stores each week. I took lunch to work every day except on paydays.

 

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I lost my job... Now what? via YouTube

It's indeed challenging to go through all of this by herself at this age !

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