I lost my job after 30 years with the company when the office closed. I was really bricking it as at 59 i was too young to retire and too old to employ it seemed. Luckily I got another job in the same industry 1 month into my 6 months notice. The new company were willing to wait for me to serve the notice, as if I’d left the old company early I’d have lost the settlement that they offered. I’m now working 30 hours a week instead of 40. The money’s not so good obviously, but the mortgage was paid of a few years ago, no debt to repay so the pay off is in the rainy day fund. I’m not able to save as much each month as I used to, but onverall the result was not as painful as I’d feared.
I wouldn’t wish it on anyone, but it’s not the end of the world as first seems. Going home and telling my wife when the news broke was not a pleasant experience. She was far more upset than me, but I’ve never been a worrier. Something will turn up, and it usually does.