In this episode of the Independence Wealth Podcast, Eric Nelson tackles a topic that's becoming increasingly common — late-career layoffs and how to navigate them with confidence.

If you're in your 50s or 60s and facing an unexpected job loss, this episode will help you turn uncertainty into a plan. Eric shares practical strategies for protecting your finances, evaluating severance offers, and even discovering new ways to define purpose and independence in the next phase of life.

Layoffs can feel like the end — but for many, they're the beginning of a more intentional and financially free chapter.

Key Takeaways:

• Plan for late-career layoffs as part of retirement readiness

• Keep 6–12 months of cash reserves

• Understand your severance and COBRA options

• Avoid emotional financial decisions

• Simulate life without income to stress-test your plan

• Consulting can bridge income and purpose

• Roth conversions can reduce lifetime taxes

• Redefine success beyond your job title

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Contact: https://independence-wealth.com/contact-us/ Connect with Eric:

LinkedIn: https://www.linkedin.com/in/erictnelson/

Website: https://independence-wealth.com Email: [email protected]