Job redundancy, downsizing, cutbacks, layoffs—whatever you call it, when that dreaded pink slip lands on your desk, it’s about as welcome as a root canal. But living in constant fear that your job could disappear any day now? That’s like waiting for a surprise party you really, really don’t want.
Even if you’re convinced your job is solid, statistics say otherwise. Most of us will change careers a few times before we retire. So whether you’re feeling secure or sensing storm clouds, it’s time to get proactive. Don’t panic, but don’t get too comfortable either. Start living as if you’ve just been handed a six-month notice. Here’s how to prepare yourself mentally and financially so you’re ready for whatever comes your way.