India, March 13 -- A Reddit user said he got laid off by his company, a Big Tech firm, at the age of 54 and shared tips on how he prepared for it.

He said he read an article in The New York Times a few years ago stating that the chances of being laid-off double for employees who have crossed 50.

"I was laid off for the first time at 54 after an outstanding yearly rating. I had read that article in my 40s, and it prompted me to prepare for the likelihood," the user said.

The user said the biggest objective in preparing for the potentiality of getting laid off after age 50 is to "lose the fear". "Not easy, and you need luck," he said.

As the first and most obvious suggestion, he asked others to maximum their investments into their retir...