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

All month long, I’ll be answering fantastic questions from listeners like you. Today, we’ll explore the steps you should take if you’re in your 50s and get laid off.

Have you ever thought about what you would do in this situation? Listen in to find out.

In the Bring It On segment, Dr. Bobby Dubois helps us understand the effects of stress and what we can do to combat stress so that we can live longer, healthier lives. You won’t want to miss his four exercises for working through everyday stressors.

In my fifties and laid off. What should I do?

Oftentimes, getting laid off can come out of nowhere. One day you are living comfortably, doing your job, and planning for the future, and the next, the rug has been pulled out from under you. It can be easy to make hasty decisions when you are suddenly thrust into this unexpected situation.

Instead of jumping to conclusions, you’ll want to assess the situation so that you can do a bit of triage before moving forward. By observing the situation and orienting yourself, you’ll give yourself the runway you need to make decisions with less pressure.

Instead of panicking over a job loss, listen in to hear how to build a framework to make informed decisions. Make sure to check out this week’s 6-Shot Saturday newsletter where you’ll find tools that can help you work through a layoff.

OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN

PRACTICAL PLANNING SEGMENT

[3:38] Who is listening

LISTENER QUESTIONS

[6:38] In my fifties and laid off. What should I do?
[17:08] Is there a widows group within the Rock Retirement Club?
[18:11] What can retirees do to protect themselves from the effects of the government reaching the debt ceiling?