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After working in his corporate career for 20 years, Joe from Michigan asks, “How do you negotiate a severance when you resign?” He's looking to leave his corporate career after two decades of solid work and experience his financial independence. Joe wants to do it right and leave with a severance package that helps him roll into his early retirement comfortably. Sam Dogen from Financial Samurai joins me to help Joe engineer his layoff and make this process successful. CHAPTERS 0:00 - Intro to Financial Samurai 2:27 - How to Negotiate a Severance 3:40 - Typical Severance Package 4:22 - Why Would I Get a Severance? 6:44 - Starting Negotiations 11:40 - Am I ready for early retirement? 15:45 - Small business in retirement 18:17 - Early retirement emotions 19:20 - Early retirement and parenthood 20:47 - Engineer Your Layoff 22:20 - Why I didn't negotiate a severance 25:49 - Close #FinancialSamurai #SamDogen #FinancialIndependence #PersonalFinance #FIRECommunity #EarlyRetirement RESOURCES Financial Samurai: https://financialsamurai.com How to Engineer Your Layoff by Sam Dogen: https://www.financialsamurai.com/how-... Twitter: / financialsamura OTHER VIDEOS TO WATCH How to Achieve Financial Independence with Index Funds - with JL Collins: • JL Collins: Achieve Financial Indepe... Avoiding Homeownership to Achieve FIRE - with Kristy Shen & Bryce Leung: • Kristy Shen and Bryce Leung: Quit Li... How We Paid Off Our Mortgage in 5 Years: • How We Paid Off Our Mortgage in 5 Years ABOUT FINANCIAL SAMURAI (SAM DOGEN) Sam Dogen worked in investment banking for 13 years before starting Financial Samurai, a personal finance website. He received a B.A. in Economics from The College of William & Mary his MBA from the University of California in Berkeley. He hopes to live a simple life near a beach in Hawaii with his family. Sam has been highlighted in major publications such as Forbes, The Wall Street Journal, The Sydney Herald, The Chicago Tribune and The L.A.Times. MARRIAGE, KIDS AND MONEY: This award-winning blog, podcast and YouTube channel are dedicated to helping young families build wealth and thrive. Each week, Andy Hill interviews personal finance experts, families who've achieved financial independence and debt-free young parents. Blog: https://www.marriagekidsandmoney.com Podcast: https://www.marriagekidsandmoney.com/... Facebook Group: https://www.marriagekidsandmoney.com/... Coaching: https://www.marriagekidsandmoney.com/... Subscribe to my YouTube channel today to strengthen your family tree and live financially free! DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone, and this content has not been provided by, reviewed, approved or endorsed by any advertiser. Information shared on this channel is for entertainment purposes only and should not be considered as professional advice. Marriage, Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.