Thought I’d resurrect this thread 5 years later.
It is now June 29, 2014 and I too was smug and unaffected between 2008–10, except for the abysmal drop in interest rates that cost me almost $600 a month in passive income from my savings. THAT sucked, but I was still okay.
By the end of 2010 I had lost one job and my second, weekend job, that originally was just for fun, was going under.
My employer could no longer afford a $1,600 a month store space as people had virtually quit spending. I still wasn’t too concerned, figured I would find more work fairly easily. Hah! After dozens and dozens of applications, interviews and lots of false hope, I continued to go through my savings and used my credit cards to carry me on certain expenses.
By the end of 2012 my ship was sunk and I was forced to give up my home and property, sell most of my belongings, give up a most treasured pet and had to move back into town in a room mate situation at age 53.
The trickle down effect has ruined me and I have little hope of ever regaining my former lifestyle let alone retire. It still sucks and things are not getting better if you ask me.