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January 18, 2021

How to Negotiate a Severance When You Resign – with Sam Dogen (Financial Samurai)

How to Negotiate a Severance When You Resign

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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.

What are we covering?

Sam and I review the following:

  • Why your employer would even want to give you a severance package
  • How to start the conversation with your employer about your severance
  • What life looks like after you leave your career for early retirement and financial independence

It was a pleasure to learn from Sam Dogen once again. If you want to hear the other episodes he's been on, check them out here: How This Stay-at-Home Dad Makes $200,000 Per Year in Passive Income and Coast FIRE: What it is and How it Affects Retirement Planning

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Guest Bio – Sam Dogen (Financial Samurai)

financial samurai

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.

Sam Dogen (Financial Samurai) Resources

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CARPE DIEM QUOTE

Begin with the end in mind.”

 Steven Covey

Are you working on how to negotiate a severance when you resign? What is your plan for leaving your career?

Please let us know in the comments below.


Andy Hill

Andy Hill is the award-winning writer, speaker and podcaster behind Marriage, Kids and Money - a platform dedicated to helping young families build wealth and thrive. Andy's advice and personal finance experience has been featured in major media outlets like Business Insider, MarketWatch, Kiplinger’s Personal Finance and NBC News. Trusted as a personal finance influencer and corporate financial wellness speaker by global brands like JLL, Andy’s message of family financial empowerment has resonated with listeners, readers and viewers across the world. When he's not "talking money", Andy enjoys wrestling with his two kids, singing karaoke with his wife and watching Marvel movies.

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Marriage Kids and Money Podcast
About Marriage Kids & Money

Every Monday, The Marriage Kids and Money Podcast provides you with actionable advice to help you win with money.

We’ve interviewed over 200 millionaire entrepreneurs, award-winning authors and personal finance experts all with the goal of saving you money, making you money and protecting your family’s future.

Fridays, you'll hear me and my wife Nicole discuss life, money and relationships on our show "Bread & Wine".

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