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Listen to Johnson Brunetti's Money Wisdom with Joel Johnson CFP®, host of Better Money Television program and Forbes Contributor. Gain true financial wisdom and advice aimed at educating you about all of your financial options when it comes to retirement so you can make the best decisions for you and your family. Get information and education that can bring you peace of mind with your savings and retirement. Whether it’s your 401k account, IRA, or an underperforming asset, Joel Johnson can answer your questions and make you more aware of issues that may affect you.

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  2. Preparing for the Possibility of a Layoff in Your 50s

Preparing for the Possibility of a Layoff in Your 50s

Feb 7, 2025

In today's fast-paced world, job security can often feel like a fragile concept, especially for those in their 50s. In this episode of the Money Wisdom podcast with Jake Doser, CFP®, CPWA® and Nick Colantuono, CFP®, address a listener's concern about preparing for potential layoffs and talk about steps to take if you’re facing similar uncertainties.

Here’s what we discuss in this episode:

0:00 – Today’s question

1:05 – Initial checklist

2:26 – Why things change in your 50s

4:18 – Changing your saving strategies

5:18 – Retirement planning considerations

7:48 – Final Thoughts

 

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