This week’s theme is: Early retirement offers - what should you do if this happens to you?

Today, I’m talking about the most important question you should ask yourself if you are faced with an early retirement offer - can you afford to take the early retirement offer? 

If you’re 62 and you planned to work 3 more years, can you afford to retire now? Maybe you can and that’s great - it makes the decision a little bit easier and allows you to consider other factors as well. But some of us simply can’t afford to take the early retirement offer. 

Or maybe you could afford it if you worked part time. Or you could afford it if your health insurance continues until Medicare kicks in. Or maybe you could afford it if you were able to negotiate a better early retirement offer - many people don’t realize that early retirement offers are often negotiable. Whatever the retirement offer, the very first question to ask yourself is - can I afford to take this? 

If you can’t afford to take it, what happens if you don’t take it and then get laid off later anyways. I’ll talk about addressing that problem tomorrow. 

That’s it for today. Thanks for listening. My name is Ashley Micciche and this is the One Minute Retirement Tip. 

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