Unemployed in your 60s? Consider these alternatives before filing for Social Security early

Losing your job in your 60s can be a harsh financial blow and statistically speaking, you are less likely than your younger counterparts to find new work quickly. If you happen to lose your job at age 62 or later, you are eligible to file for Social Security but if you haven’t yet reached full retirement age, you will lower your monthly benefits permanently. That’s why filling for Social Security early, though sometimes necessary, often isn’t ideal but the attached article outlines what you can do instead if you find yourself in this position. Read article here…

 

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