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More companies are offering early retirement packages to their employees

According to financial experts, fear among the rank and file over job security is growing and it is exacerbated by the fact that one in four baby boomers would rather delay retirement until the economy is better ; unfortunately due to COVID-19, many individuals had no choice but to retire immediately.   But as some companies look for ways to reduce their costs during the pandemic, more are offering early retirement packages to their employees.  This trend is becoming widespread across all industries and even some government workers nationwide are being offered this option.  So what do you do if this happens to you? In Lori Ioannou’s article for CNBC, she talks to experts about the wave of early retirement hitting the workforce and on how to negotiate the best package for you. Read Ms. Ioannou’s article here…

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