You Got Laid Off – Now What? 10 Important Steps to Take (Ep.26 )
Podcast: Play in new window | Download | Embed
What do you do when life throws you a curveball, like an unexpected job layoff?
Join Michelle Gessner, CFP®, on navigating the uncertainty of job loss and crafting a viable plan forward. Michelle shares her personal layoff experience post-9/11, and delves into ten essential action steps everyone should consider when faced with sudden unemployment. From prioritizing self-care to understanding health insurance options and other items you may not have thought about, Michelle offers guidance on protecting your assets and planning for your future.
Michelle discusses:
- Self-care strategies to maintain your wellbeing and resilience during tough times [00:03:18]
- Managing health insurance options, including understanding COBRA [00:04:52]
- Evaluating and negotiating separation agreements to ensure fair terms [00:06:10]
- How to file for unemployment benefits effectively and without delay [00:07:56]
- Handling stock options and making informed 401(k) decisions during transitions [00:09:10]
- Exploring new career paths and seizing emerging opportunities [00:15:39]
- And more
Resources:
- Affordable Care Act
- Blog: Should I Keep my Money in my 401(k) or Roll it Over to an IRA?
- U.S. Government Accountability Office: Workplace Retirement Accounts
- The Retirement Savings Lost and Found Database
- Work Like A Girl
Connect with Michelle Gessner:
- Gessner Wealth Strategies
- 713-589-6448
- LinkedIn: Michelle Gessner
- Facebook: Gessner Wealth Strategies
- YouTube: Gessner Wealth Strategies
About Michelle Gessner:
As a CERTIFIED FINANCIAL PLANNER™ professional, Michelle is passionate about building a life plan for her clients and helping them see that they have choices, which often comes to them as a pleasant surprise. She is an independent thinker and a huge advocate of her clients’ interests. Her greatest joy is working to do what is right for them and be their voice.
Michelle has a B.S. in Finance from the University of Colorado, Boulder, and an M.S. in Management from Boston University, Brussels. Growing up in Montana and moving to Colorado for college, she took out student loans and worked her way through all four years. After graduating in 1987 with honors, she accepted a job at Shell Oil in Houston, and worked her way up the corporate ladder to a management position before leaving in 1992 for Brussels, Belgium, where she lived for 4 years. In Brussels, she learned about different cultures and basic conversational French as well as pursuing and earning a graduate degree in management.
As a CERTIFIED FINANCIAL PLANNER™ professional, she is held to the highest standards set forth in the industry. She surrounds herself with a back office of experts in tax and investment research so that her clients have the best of both worlds – the resources of a large firm with the caring, dedication, and personal service of a small firm.