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Home World Asia Pacific

Work It Podcast: What should you do with a retrenchment payout?

4 May 2025
in Asia Pacific
Work It Podcast: What should you do with a retrenchment payout?
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Financial advisory manager Lily Fung shares her experience of receiving a high six-figure retrenchment payout after being laid off from her job of 20 years. She discusses her decision to invest the entire lump sum for capital preservation and generating passive income, emphasizing her strategic approach to risk and the importance of mindset in transitioning to self-employment. Fung reflects on the fears she faced when leaving a structured corporate environment, highlighting that her journey is no longer solely about money but about pursuing fulfilling work.

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Tags: involuntarily unemployedjob retrenchmentpayoutpodcastretrenchedretrenchmentworkWork It
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