The Emergency Fund of Last Resort is Now the 401(k)

Layoffs dominated the headlines in 2025 — employers announced more than 1.2 million job cuts, the highest annual total since the pandemic. In these cases, employers have a playbook for that moment, which may include severance, COBRA, and outplacement support. But what about those who are actively employed — and barely getting by — regardless […] The post The Emergency Fund of Last Resort is Now the 401(k) appeared first on Brightside .