Читать книгу Personal Finance After 50 For Dummies - Eric Tyson - Страница 57

Retiring sounds so appealing when you’ve had a frustrating stretch at a job you’re not particularly enjoying. But some folks really enjoy working and aren’t eager to have wide-open daily schedules day after day, week after week. Deciding when to retire and what to do in retirement is an intensely personal decision. For sure, there are many financial and personal considerations and questions, and we begin addressing them in this chapter.

Even when you’re healthy, the job market may not be. Your employer could suffer financial hardship and reduce its workforce. Or maybe you’ll be lucky enough to retire early (even though it’s unplanned) because your employer offers you a buy-out package that’s too good to turn down. Or worse, you may lose your job with little notice and few benefits.

Ideally, when caught in one of these situations you would obtain another job and continue it until your planned retirement age. Unfortunately, events may not unfold that way. The economy, the job market, and your age can work against you. Finding another job, at a compensation level you’re willing to work for, may not be possible.

Even when you leave a full-time career voluntarily, you may plan to work part time for a few years. Or you may assume that if the first years of retirement are more expensive than planned, you can return to work at least part time. Yet a part-time job you assumed would be easy to find may not be available at all or may be available at a much lower level of pay than you expected.