Losing Your Job at 60 Can Actually Make You Richer episode artwork

EPISODE · Jul 28, 2026 · 11 MIN

Losing Your Job at 60 Can Actually Make You Richer

from Income Over Wealth · host Dan Wilson

Losing a job before retirement can leave you better off than walking away on your own terms. Severance and unemployment only show up when the company ends it, and a single line on your exit paperwork decides whether you collect either one. This episode covers what that paperwork has to say, what to keep quiet about while the package is still in play, and how to turn a funded runway into a bigger retirement.The difference between fired, laid off, and quitting, and what it does to your severance and unemploymentWhy claiming Social Security the month you lose your job can cut your check about 30% for lifeHow a year without a paycheck lets you move traditional savings into a Roth at a fraction of the tax you paid while workingTake the free Retirement Income Roadmap (7 questions, about 30 seconds): incomeoverwealth.com/mapWatch this episode on YouTube: https://www.youtube.com/watch?v=ebcET1G2gFkThis episode is educational and focused on strategy and math. Always consult a qualified tax or financial professional before making personal financial decisions.

Episode metadata supplied by the publisher feed · Published Jul 28, 2026

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A layoff in your late 50s or early 60s comes with money you never get if you quit, plus a rare window to cut your tax bill

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Losing Your Job at 60 Can Actually Make You Richer

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