Jake Falcon Quoted in “Why I Socked Away Over $500,000 in a ‘Layoff Fund'”

By Luke Sullivan on January 8, 2025

“Why I Socked Away Over $500,000 in a ‘Layoff Fund’” By Judy Dutton, AARP

Jake Falcon, Founder and Wealth Advisor at Falcon Wealth Advisors, told AARP, “In today’s volatile economy, having a layoff fund is crucial for individuals over 50. This age group often faces higher risks of layoffs due to age discrimination and the increasing trend of companies restructuring to lower costs. A layoff fund can provide a financial cushion that can reduce stress and allow individuals to focus on finding the right job rather than the first available one.”

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