For years, many people believed public sector jobs were among the safest.

But GovTech's decision to restructure its workforce is a reminder that in today's economy, no role is completely immune to change.

If retrenchment can happen in organisations that are performing well,how long could your savings last?

What would you do if your income stopped tomorrow? 

And is financial preparedness only part of the equation?

In this episode of Money and Me, Elijah Lee, Senior Financial Services Manager at Phillip Securities, shares lessons from his own retrenchment experience and from helping clients navigate career disruptions in this conversation with Michelle Martin.