<prompt> Human: My dad who is 60 years old got forced into retirement from the job he had for over 10 years and has been unemployed for about a year now. He was lucky to have the jobsalary that he had because he was grandfathered in when a smaller company he was working for got bought up. He wasnt particularly qualified for the role he had and he certainly had not been keeping up on his industry related skills, and certifications, etc. He got very comfortable and had no plans to change jobs or advance his career in any way prior to being let go. His retirement benefits from his job, since he retired so early, barely cover his health insurance costs each month. He has been looking for another job for the last year but he is in an awkward position where he is over qualified for a lot of low skilled or entry level jobs based on his previous job titles and age but also under qualified for jobs that pay what he was making before. He is also limited in his job search because he does not have a car or any reasonable transportation because his car was taken when he was fired. My mother has been supporting the household on her salary of about 50k a year but they have gone through almost all of their savings and my dad has began cashing in his 401ks while taking big losses on them. I expect them to lose their house within a year if he does not find work because they had to refinance it about 10 years ago and they probably still owe about half of what it is worth or more. Is there anything they can really do to better their financial situation, besides keep hoping a job comes a long? What does the process of getting forced out of a home look like realistically?  <response>: Unless they are living in an expensive area, they shouldnt loose their house with a 50k budget. Until 2 years ago, I was feeding and housing my family on 40k a year, in Portland, OR which is spendy. They may need to cut their lifestyle. You mention certifications, etc, is he a IT guy, or some kind of technician auto, hvac, etc? If so, maybe he starts a business. Has he caught up on his certs in the year he has been off work?Unless his health is bad, he should have at least 10 more good working years in him. ...hoping a job comes along is not going to cut it. Time for him to take the bull by the horns! 