"By 59 he should have saved enough so that he could retire. Then it wouldn't really matter if he were laid off. His savings should have been enough for your food, clothing, health insurance, and whatever fun he wants to have. Your home should be paid off by then."
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That is cold response, since you have no idea of the circumstances of this man's life. If you have been fortunate enough to have lived your life with no unexpected health costs and if you are not responsible for the help or care of family members and if you have never been broadsided by any kind of unexpected tragedy, then I am delighted for you. But for you to state that "by 59, he SHOULD have saved enough" for an unexpected downsizing is assuming much that you do not know.
Well we should all try to save more. Beating up on people who haven't done well, without knowing individual circumstances is counter-productive IMO. What is important is that today is not to late to start.