2020-09

10 Step Layoff Survival Guide, Part 2

In continuation with our two-part series on how to survive a layoff or forced early retirement, we talk through five more steps on how to get through it. What options do you have moving forward?
 
Read more and get additional financial resources here: https://wp.me/paeqsR-at 
 
Check out Part 1 of the Survival Guide:  https://retirementelevatedpodcast.com/podcast/10-step-layoff-survival-guide-part-1/ 
 
What we discuss on this show: 
0:18 - Sean shares how his kids have been doing lately.
1:38 - Let’s continue our 10 step layoff survival guide.
2:42 - Step 6: Learn about the health insurance options.
4:28 - Step 7: Get a new Social Security estimate.
5:52 - Step 8: Consider the lump-sum payment.
7:46 - Step 9: Determine whether or not you want to go back to work.
9:44 - Step 10: Seek a professional’s opinion.
 

10 Step Layoff Survival Guide, Part 1

What do you do if you get laid off? How can you turn a bad situation into an opportunity? We dive into what you need to do in the first of a two-part series.
 
Read more and get additional financial resources here: https://wp.me/paeqsR-ak 
 
Download our survival guide PDF: https://wp.me/aaeqsR-al 
 
What we discuss on this episode: 
0:55 - Have you been laid off or are you on the cusp of retirement?
2:52 - Step 1: Keep calm and take it one step at a time. 
4:25 - Step 2: Determine your expenses.
7:49 - Step 3: Create an inventory of resources.
10:02 - Step 4: Add in severance pay.
12:14 - Step 5: Understanding how unemployment benefits work.