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I’m in My Fifties and Got Laid Off. What Should I Do?

Retirement Answer Man

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How to Deal With a Layoff

If you're dealing with a layoff, those are the areas that I would start. In our six-shot Saturday email, we will share the budgeting form and the net worth form. The first thing they do is observe them and stabilize them as best they can so they can figure out the treatments. This is essentially the same thing you're going to go through. You can start to orient. But if you do these first two things of just observing, where am I at now and orient and understand the options you have to fill the gap,. all of that's important to give you runway so you can make decisions with less pressure.

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