At age 56, Mark was a 25-year employee targeted for a layoff. Mark had planned to retire, but has suffered financial losses in his
401(k), pension, personal savings and home value. His only resource: Outplacement.
Mark’s Success Story
Mark’s outplacement provider offered the RYF toolkit as part of their services. Through the assessment, Mark realized the need for a long-term financial plan and second career strategy to see him through the next 15 years. Mark created a short-term “rebound” plan and a longer term retirement plan. He is now going back to school to gain new skills and is committed to being actively involved in his financial future.
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