Скачать или смотреть WJBK, November 2025, Surviving Financial Hardship

Job loss can happen without warning. Having a plan in place can help you stay financially stable during uncertain times.

Earlier this month, Financial Instructor Michael Masserant joined Fox 2 Detroit to share steps you can take if you’re laid off and how to prepare for a disruption in income.

In October, U.S. annual layoffs hit a 20-year high. As more companies use automation to reduce labor costs, the risk of job loss is rising across many industries.

Watch the full segment to learn how preparation today can make a difficult transition more manageable and what those already affected should be doing now.

Retirement Education Foundation is a Fiscally Sponsored Program of United Charitable, a registered 501(c)(3) public charity. This content is for educational purposes only and is not intended to be tax, legal, or investment advice. Michael Masserant is a financial advisor at C2 Private Wealth. Retirement Education Foundation operates independently of C2 Private Wealth and any other financial advisory firm.