Click here to Skip to main content
15,180,257 members

Welcome to the Lounge

   

For discussing anything related to a software developer's life but is not for programming questions. Got a programming question?

The Lounge is rated Safe For Work. If you're about to post something inappropriate for a shared office environment, then don't post it. No ads, no abuse, and no programming questions. Trolling, (political, climate, religious or whatever) will result in your account being removed.

 
AnswerRe: How did you overcome this obstacle ? Pin
Kornfeld Eliyahu Peter28-Jun-21 21:56
professionalKornfeld Eliyahu Peter28-Jun-21 21:56 
AnswerRe: How did you overcome this obstacle ? Pin
Richard MacCutchan28-Jun-21 22:20
mveRichard MacCutchan28-Jun-21 22:20 
AnswerRe: How did you overcome this obstacle ? Pin
Super Lloyd28-Jun-21 22:47
MemberSuper Lloyd28-Jun-21 22:47 
GeneralRe: How did you overcome this obstacle ? Pin
Dan Neely29-Jun-21 4:16
MemberDan Neely29-Jun-21 4:16 
GeneralRe: How did you overcome this obstacle ? Pin
Super Lloyd29-Jun-21 4:34
MemberSuper Lloyd29-Jun-21 4:34 
AnswerRe: How did you overcome this obstacle ? Pin
AndyChisholm28-Jun-21 23:07
MemberAndyChisholm28-Jun-21 23:07 
AnswerRe: How did you overcome this obstacle ? Pin
Slacker00728-Jun-21 23:46
professionalSlacker00728-Jun-21 23:46 
GeneralRe: How did you overcome this obstacle ? Pin
LucidDev30-Jun-21 9:33
MemberLucidDev30-Jun-21 9:33 
I got laid off 30 years ago at the age of 41 and could not find a job to save my life, even though I lived in Silicon Valley. As a result, I went into independent consulting. No one would hire a consultant on a 1099, so I incorporated (C-corp). This became very lucrative until the downturn in the economy circa 2011. As a result I decided to retire shortly thereafter when I turned 62.

The nice thing about a C-corp is that you can virtually deduct everything, including health care and contributions to retirement plans, etc. My monthly salary was held to a minimum, thus reducing my taxes. The only downside was that I contributing less to my Social Security, which makes my retirement check less. I estimate the corporation made up to $191K a year prior to my retirement 10 years ago.

In my opinion, it is difficult to get a "real" job after you turn 40, but that doesn't mean it's the end of your career.
GeneralRe: How did you overcome this obstacle ? Pin
dandy7230-Jun-21 11:24
Memberdandy7230-Jun-21 11:24 
GeneralRe: How did you overcome this obstacle ? Pin
Slacker00730-Jun-21 11:29
professionalSlacker00730-Jun-21 11:29 
GeneralRe: How did you overcome this obstacle ? Pin
dandy725-Jul-21 4:58
Memberdandy725-Jul-21 4:58 
AnswerRe: How did you overcome this obstacle ? Pin
5teveH28-Jun-21 23:55
Member5teveH28-Jun-21 23:55 
AnswerRe: How did you overcome this obstacle ? Pin
Greg Utas29-Jun-21 1:41
mveGreg Utas29-Jun-21 1:41 
GeneralRe: How did you overcome this obstacle ? Pin
DerekT-P29-Jun-21 6:18
professionalDerekT-P29-Jun-21 6:18 
GeneralRe: How did you overcome this obstacle ? Pin
Greg Utas29-Jun-21 6:28
mveGreg Utas29-Jun-21 6:28 
AnswerRe: How did you overcome this obstacle ? Pin
SeeSharp229-Jun-21 2:12
MemberSeeSharp229-Jun-21 2:12 
AnswerRe: How did you overcome this obstacle ? Pin
g_p_l29-Jun-21 2:26
Memberg_p_l29-Jun-21 2:26 
GeneralRe: How did you overcome this obstacle ? Pin
Daniel Pfeffer29-Jun-21 16:48
professionalDaniel Pfeffer29-Jun-21 16:48 
AnswerRe: How did you overcome this obstacle ? Pin
honey the codewitch29-Jun-21 3:31
mvahoney the codewitch29-Jun-21 3:31 
AnswerRe: How did you overcome this obstacle ? Pin
Marc Clifton29-Jun-21 3:54
mvaMarc Clifton29-Jun-21 3:54 
AnswerRe: How did you overcome this obstacle ? Pin
Stefan_Lang29-Jun-21 5:01
mveStefan_Lang29-Jun-21 5:01 
AnswerRe: How did you overcome this obstacle ? Pin
PhilipOakley30-Jun-21 1:03
professionalPhilipOakley30-Jun-21 1:03 
GeneralRe: How did you overcome this obstacle ? Pin
Slacker00730-Jun-21 1:17
professionalSlacker00730-Jun-21 1:17 
GeneralRe: How did you overcome this obstacle ? Pin
PhilipOakley30-Jun-21 1:54
professionalPhilipOakley30-Jun-21 1:54 
AnswerRe: How did you overcome this obstacle ? Pin
Member 1330167930-Jun-21 1:46
MemberMember 1330167930-Jun-21 1:46 

General General    News News    Suggestion Suggestion    Question Question    Bug Bug    Answer Answer    Joke Joke    Praise Praise    Rant Rant    Admin Admin   

Use Ctrl+Left/Right to switch messages, Ctrl+Up/Down to switch threads, Ctrl+Shift+Left/Right to switch pages.