I know that every case is different but, if it helps, I have been made redundant twice. The first time it happened, I thought that it was the end of the world. Nevertheless, I soon got another job which paid more money. This job was much more stressful and, especially in the early days, there was a fair amount of bullying and intimidation (which affected everyone - not just me). But I stuck with it and got to do some travelling and met some very fine people both in the UK and abroad. These encounters went some way towards countering the negative effects of the various gits and arseholes who seem to be a characteristic of most workplaces, these days.
In time I carved myself a fairly comfortable little niche and began looking forward to retirement. But a couple of years ago there were some big changes at the top and I began to think that my days were numbered. Last August (2005) the axe descended again - as I suspected that it might. I was 57 at the time and thought that that was it for me - but with my slightly reduced pension and redundancy payout I realised that I was considerably better off than I would have been if I had hung on until 60. I did get another job, earlier this year, but hated it so much that I resigned and am now getting by OK on my pension/savings. More importantly I am doing what I want to do - when I want to do it!
At the time that it happened I was pretty pissed-off - especially as I believed that my demise was the result of a fairly noxious combination of politics and ageism. Nevertheless, I banished all thoughts of revenge, getting even etc. from my mind - it's just not worth it. Just try to get as much as you can from it - without putting yourself through too much stress - and move on.

My best wishes for the future.