Laid Off 2 Years Before Retirement? Here's What to Do

Welcome to The Retirement Quick Tips Podcast, your daily guide to preparing for and living your best retirement. I'm your host Ashley Micciche, and this week, I'm talking about what to do if you're laid off right before retirement. You planned to work another couple years, but you got your pink slip instead. What do you do when your timeline for retirement is completely upended? 

This week's theme is just a single episode, so if you're listening on Alexa, be sure to listen online or on another platform for the complete, unedited version of this week's episode.

And if you're new to the podcast - welcome! I'm a financial advisor and co-owner of True North Retirement Advisors. For the last 18 years, I've helped my clients make a plan and build wealth for a confident and fulfilling retirement, and this podcast is dedicated to helping you do the same! 

In the last couple months, I've had 2 clients who were laid off only a couple years from their retirement. One after working at the same employer for the last 40 years. It's a scary time filled with a lot of questions - do I need to find another job? Will anyone hire me at this age? Can I afford to retire earlier than I expected? 

So in today's episode, I'm going to walk you through the steps to take if you find yourself unexpectedly laid off in the crucial couple of years before retirement. So let's get into it…