Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

25 of 65
BACKNEXT
Jim Laman: May lose it all
Jim Laman: May lose it all
James with his wife, Mary, and daughters, Alexandra and Anastasia
Materials analyst, 52, Holland, Mich.

I lost my white-collar job with a supplier to the residential building industry in October 2006. Fortunately, I had a 401(k) from a prior employer that my wife and I could both tap into. Right now about 75% of that is gone, and after that, there is nothing, unless I refinance my home, which is not paid for and for which I have a sizable mortgage.

So, right now, I have a daughter waiting to start college, one who needs braces, and the oldest is still at home looking for a job after finishing her BA at a local college. My wife also was "downsized" by a large local company and has been unable to find permanent employment.

On the surface, we look healthy and happy, but in a few months, I may lose it all if something does not happen. It's a mess, but I try to remain positive. I just know that I will have to work until I am no longer able to.

NEXT: Keri Sprenger: In the midst of bankruptcy
Last updated November 15 2009: 6:21 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
Super Bowl 50 ads are studded with celebrities The 2016 Super Bowl has rolled out the red carpet for the likes of Helen Mirren, Amy Schumer, Seth Rogen, Steven Tyler and the late, great Marilyn Monroe. More
The women of marijuana These women entrepreneurs and executives are making their mark in the marijuana industry. More
Most expensive collector cars from the Scottsdale auctions These are the most expensive collector cars sold at the Scottsdale auctions. More

Special Offer