Fail to plan = Prepare to fail

Summary: Retirement or layoffs can derail even well-laid financial plans. But with the right strategies, you can reduce the stress. Whether you’re five years from retirement or facing job uncertainty, here’s how to stay prepared and keep your finances resilient. Over the last few months, we’ve had conversations with a couple of clients who were either approaching retirement or facing uncertainty at work. While we hope such situations are rare, the unfortunate reality is that layoffs are increasingly common, and often for no fault of one’s own. So how can one make retirement, or even a temporary job loss, less stressful? Preparing for retirement One of our clients, just a few months away from retirement, approached us for help with managing his post-retirement cash flows. While his savings seeme

This article was originally published on August 20, 2025.