The View From The Pinnacle

What do you do if you get laid off? How can you turn a bad situation into an opportunity? We dive into what you need to do in the first of a two-part series.

Click the timestamps below to fast forward to certain points of the episode.


Thing’s You’ll Learn Along Today’s Journey

2020 has taken a toll on all of us. We’ve had to adjust and reevaluate what really matters to us. For some, it’s meant learning how to work virtually almost immediately. For others, it’s meant facing layoffs and difficult decisions. One important thing to remember is to take it one step at a time.

If a layoff or early retirement were to happen, do you have a good idea of what your expenses are? Having some basic data can make a huge difference. Build a budget for your expenses, but then also compare it to your bank statements. Do they match? How has your spending changed since the pandemic hit? Have you ended up saving more or have you recently made a “corona purchase”?


What does your inventory of resources include? Creating a list of your inventory, from income sources to retirement accounts and everything in between, will help you figure out what you need to fill the gap. Have you included your severance pay? Whether in an early buyout package or getting your severance package and remaining PTO, add this to your plan.

Do you know how unemployment benefits work? While this has changed a bit recently with the CARES Act, you’ll want to know exactly what you are entitled to. Understanding what you can expect will allow you to better plan and make decisions accordingly.

Listen to the entire episode or click on the timestamps below to skip ahead to a specific step. Then, next week we’ll continue this series, so be sure to come back for part two of this layoff survival guide.

0:55 – Have you been laid off or are you on the cusp of retirement?

2:52 – Step 1: Keep calm and take it one step at a time. 

4:25 – Step 2: Determine your expenses.

7:49 – Step 3: Create an inventory of resources.

10:02 – Step 4: Add in severance pay.

12:14 – Step 5: Understanding how unemployment benefits work. 


Looking Back From The Mountaintop

When you’re looking at this new opportunity in life, take some time to think about it. Whether it’s a layoff, early buyout, early retirement–whatever it may be–take some time to think it through and build a plan.

-Sean Lee


Resources From Today’s Podcast

Sign Up For A Class With Us

Check Out Our Media Center

Learn More About Sean


Your Guide:

Sean P. Lee – Contact


Important Ages in Retirement

What are the milestone moments you face in retirement as you age? Today, we talk about some of the ages to keep in mind and why they are important as you reach each one. Whether you are a few years off or if you are right in the middle of these, thinking through what you should be doing with the money can make a huge impact in your financial life.


Portfolio Expectations

What are your portfolio expectations? Are they too high? Today we talk through an article that shares investor expectations on their portfolio and why, in many cases, they are higher than they should be.


Financial Fill in the Blank

Let’s play a game of fill-in-the-blank with Sean to see how he would finish off these financial statements. What will the market do to you? What’s the best way to set yourself up for success in retirement? What’s the biggest financial mistake retirees make?



For over a decade, Sean Lee has helped families reach and maintain their financial goals. As a trusted advisor, he coaches and assists his clients with their financial goals by focusing on the fundamentals and takes a practical and personal approach when working with them.

As a trusted professional in Utah, Sean has been featured in The Wall Street Journal’s Market Watch, The Deseret News, The Salt Lake Tribune and USA Today. He has also been featured as a local financial advisor on Utah’s NBC station, KSL 5.

Questions for Sean?



(801) 639-0095

Investment Advisory Services offered through Elevated Capital Advisors, LLC, an SEC Registered Investment Advisor. Insurance products and services are offered through Elevated Financial Services, LLC.

*Guarantees provided by insurance products are backed by the claims-paying ability of the issuing carrier.

The retirement kit is provided for informational purposes only. It is not intended to provide tax or legal advice. By requesting this report, you may be provided with information regarding the purchase of insurance and investment products in the future.