Laid Off Near Retirement? What to Do Next
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Laid Off Near Retirement? What to Do Next
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A layoff close to retirement can feel like a financial emergency, but it may not be as damaging as it first appears. Eric explains why layoffs are happening and walks through the key financial decisions that follow. He also shares a practical checklist for evaluating whether returning to work is necessary, or whether retirement may already be possible.
Here’s some of what we discuss in this episode:
⚠️ Economic Uncertainty: Layoffs can quickly disrupt retirement timelines
🏢 Corporate Incentives: Compensation rules may influence workforce decisions
🤖 AI Adoption: Technology continues reshaping company staffing needs
🩺 Benefits Planning: Severance and health insurance require careful review
🧭 Next Steps: A written plan can reveal options
Get in touch with the Peterson Financial team: https://petersonfg.com/