Laid Off Right Before Retirement? Here’s What To Do Next | Financially Fit Radio

Getting laid off five years before retirement can raise difficult questions about 401k withdrawals, Social Security timing, health insurance, severance taxes, and whether your retirement income plan still works. Cory Sickles and Tony Shore discuss practical steps for central Ohio retirement planning, including how to protect liquidity, review severance, avoid emotional financial decisions, and decide whether part-time work or consulting could help bridge the gap. Timestamps: 00:00 - A Layoff Before Retirement 02:43 - Why Panic Can Cost You 05:08 - Severance Traps To Review 08:22 - When Your Timeline Changes 11:36 - Part-Time Work Without Ego 14:18 - Before Tapping Your 401k 17:04 - Health Coverage Questions 19:08 - Your Retirement Survival Number 21:02 - The Forced Retirement Myth 24:12 - Turning Setback Into Strategy 26:30 - Final Planning Reminder 👉 Call us at 614-760-0670 👉 Visit us online at SafeHarborOH.com Don't forget to subscribe to our YouTube channel and check out more episodes of Financially Fit Radio for additional financial guidance! Let us know your thoughts on the topics discussed or give us any feedback to make the future episodes better! #FinancialPlanning #RetirementPlanning #WealthManagement #EstatePlanning #LegacyPlanning #FinancialAdvice #FinancialEducation #MoneyManagement #InvestmentStrategies #Trusts #Wills #Probate #FinancialAdvisor #SafeHarbor #CorySickles #Taxes #Inheritance #IRA #401k #LifeInsurance #FamilyLegacy #FinancialSecurity #FuturePlanning #FinanciallyFitRadio #SocialSecurity #ohio #centralohio #columbusohio #Turning65