A little while ago my wife and i received a financial windfall. It's basically money we earned over a 5 yr period which was finally released to us. We earned it.
With about 5 yrs to go I am really tempted to retire early and do the things I have planned for many years.
What should I consider?
Steeltoe beat me to it. I believe he is right. Get all the information about your status with your pension, and your medical coverage. Talk with a financial advisor and have him run through various scenarios. What happens if a few years into retirement your union pension is reduced? What if the copay for insurance jumps sky high? What happens if inflation jumps to 10% (or higher). Will you be able to stay retired and live comfortably in all the scenarios? Will you be OK if under some scenarios you need to go back to work? The decision is yours.Talk to a financial adviser you can trust. PERIOD.
Steeltoe beat me to it. I believe he is right. Get all the information about your status with your pension, and your medical coverage. Talk with a financial advisor and have him run through various scenarios. What happens if a few years into retirement your union pension is reduced? What if the copay for insurance jumps sky high? What happens if inflation jumps to 10% (or higher). Will you be able to stay retired and live comfortably in all the scenarios? Will you be OK if under some scenarios you need to go back to work? The decision is yours.
Honey with this dough it might be time to retire. Let me ask a bunch of people I never met on a website and see what they say. Ho boy
Then, why do you come here, 'Ezmerelda'?Honey with this dough it might be time to retire. Let me ask a bunch of people I never met on a website and see what they say. Ho boy
Honey with this dough it might be time to retire. Let me ask a bunch of people I never met on a website and see what they say. Ho boy
This is what "YOU CAN'T FIX STUPID" Wants to see and hear what
people think, There is nothing wrong with that. You on the other hand want to bash brown cafe, why bother.
Go and play donkey kong or something.
Honey with this dough it might be time to retire. Let me ask a bunch of people I never met on a website and see what they say. Ho boy
Maybe he should ask his feeder manager.
Then, why do you come here, 'Ezmerelda'?
This is what "YOU CAN'T FIX STUPID" Wants to see and hear what
people think, There is nothing wrong with that. You on the other hand want to bash brown cafe, why bother.
Go and play donkey kong or something.