Early Retirement Offers – Should You Accept?

by | Feb 4, 2021 | Money Tips, One Minute Retirement Tip, Podcast, Retirement, YouTube

Early Retirement Offers – Should You Accept?

This week on The One Minute Retirement Tip Podcast, I’m talking about “early retirement offers – should you accept?”.

If you’re unlucky enough to be near retirement during a downturn in the economy, your industry, or your company, you could be faced with an early retirement offer. Deciding whether or not to accept the offer is not an easy decision to make – there are multiple things to consider from a financial standpoint to simply answering the question if you do accept the offer: what next? 

With many companies struggling due to the pandemic, I’ve had several clients accelerate their retirement plans or fear that their early retirement would be forced upon them as the companies they work for limp along and look for ways to cut costs.

And with payroll most often being the biggest line item cost for businesses, you may find yourself in the position of being offered an early retirement. 

So this week, I’ll help you consider what to do if that happens to you…

Topics covered:

Can You Afford To Take An Early Retirement Offer?

If You Don’t Accept Early Retirement Will You Get Laid Off Anyway?

How Will Early Retirement Affect Your Money?

What Are Your Other Work Options Instead Of Early Retirement?

Weighing The Complex Decision Of Early Retirement Offers

To learn more about what to do with an early retirement offer, be sure to listen to this week’s intro episode and subscribe to the One Minute Retirement Tip wherever you listen to podcasts. 

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ABOUT THE AUTHOR

ASHLEY M. MICCICHE, QPFC®, CRPC®, CEXP®

Ashley helps business owners exit their business and retire with financial security. As a Certified Exit Planner she specializes in helping business owners navigate the maze of decisions that need to happen from full-time running their business to retirement.

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