While retiring early may be a goal for some, you don’t want a late career layoff to dramatically impact your retirement goals if you can help it. It’s important then to review your situation with a financial professional. A financial professional can take a look at your savings, expenses, debt, retirement accounts and eligibility for Social Security and Medicare and other programs to help you come up with a strategy. Depending on your situation, you may be able to take a job that pays less or even work part-time to pay for most expenses. Or a financial professional can offer options for withdrawal schedules from your retirement accounts and how you may need to budget from there. The point is, getting help during this challenging time is as simple as scheduling a conversation. Reach out to learn more. |
Adjusting Retirement to a Late Layoff
July 18, 2025