I'm Stephanie Sammons, a CERTIFIED FINANCIAL PLANNER™ and the Founder of Sammons Wealth Management. I help successful women professionals who are in midlife plan for their ideal retirement. Learn more about planning, saving, and investing for your ideal retirement at Sammons Wealth Management.

Show Notes for this Episode:

With unemployment at an all time high here in the midst of an economic recession, more people are experiencing job losses. Several industries have been hit very hard while others are thriving or holding up well.

It can be scary to lose your job in midlife, not to mention during an economic recession. I personally know this all too well as I was ‘downsized’ during the Great Recession of 2009. At that time, my industry (financial services) was hit the hardest of all!

Although it took about six months to recover and reinvent myself, it was the best thing that ever happened to me. I had been in a high pressure regional management role for a large financial services firm while also continuing to serve as a financial advisor. 80% of my time, however, was focused on the management career.

When I left my firm, I realized how toxic all of the corporate politics had been, as well as the environment. It was no longer the same company I had gone to work for 15 years prior. Ultimately this job loss that was very painful at the time led me to where I am today; running a successful, independent advisory firm serving women professionals in midlife, just like me!

In this episode of the podcast, I share more on my own story and provide hope that there is light at the end of this tunnel. I also share 7 tips that can greatly help you navigate a sudden job loss now.

Tune in to this episode to learn more about the following:

  • How to shore up your financial situation quickly
  • Evaluate where you’ve been and where you truly want to go next
  • Assess all of your skills, expertise, and experience to determine what you are truly qualified to do
  • Look across industries and roles where your skills and experience may be transferrable
  • How to craft your resume(s) for exactly the position or role you desire
  • How to expand and grow your network virtually with the right people

Resources Mentioned in this Episode:

Linked to Influence (My #1 best-selling book on Amazon)

The 20 Minute Networking Meeting

7 Ways to Reinvent Your Career in a Crisis

The Ins and Outs of Making a Midlife Career Change

12 Smart Tips for Making a Midlife Career Change (FREE PDF Download)

Must-Know Money Tips for a Midlife Career Change

Join the Women Retire Smart™ Community

The Women Retire Smart™ Community is a virtual community and email newsletter for women professionals within 5 to 15 years of retirement who want to retire smart, secure, and happy!

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