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Navigating Unexpected Retirement: Pensions, Severance Packages & More
Manage episode 410626074 series 2643505
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The journey to retirement is rarely a straight path, and sometimes it comes with a few surprises. So, when the rug is pulled out from under you with an unexpected retirement offer, do you take the money and retire, or get back on the job hunt? Join Craig and Jennifer as they discuss the complex decisions that come with retiring early in this episode.
Here’s some of what we discuss in this episode:
- Should you accept retirement buyout offers if it includes a severance?
- The importance of running the numbers when it comes to making these decisions
- Considerations between choosing a pension versus a lump sum payment
- Opting for a reduced pension to cover a spouse versus purchasing a life insurance policy
Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/
Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin
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