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12 Ways to Survive a Forced Early Retirement
When most workers plan for retirement, they expect to work until their full retirement age, which is 66 or 67 for people born after 1942, or even longer. But some workers find themselves out of a job at an age when it’s difficult to find another one – and at a time when they expected to be in their peak earning years. Others are forced out of the workforce because of illness or responsibilities as a family caregiver. “About 45 percent of people retire earlier than they planned,” says Jamie Hopkins, a professor of taxation at the American College in Bryn Mawr, Pennsylvania…Read More
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