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What To Manage Money When You're Forced Into Early Retirement

Friday, November 8, 2013 - 7:58 AM
Another article, when read, is to keep each individual's personal situation in mind...

Retiring early is a common dream, but only if it’s by choice. Unfortunately, many workers in their late 50s or early 60s have been ejected from the workforce by downsizing and other calamities. For them, smart managing of cash and other assets can make the difference between a comfortable retirement and a miserable one.

And now there’s a new issue: Under Obamacare, the way you manage your retirement income can determine whether you get a federal subsidy for health care insurance.

http://www.bankingmyway.com/home/what-manage-money-when-youre-forced-into-early-retirement
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ShorebreakShorebreak2,696 posts since
Apr 6, 2010
Rep Points: 14,620
1. Friday, November 8, 2013 - 9:18 AM
I think it is very telling that the benefits rest upon the fact that one doesn't start their social security benefits until in their late 60's.  I guess if you try to take it earlier, they consider this "double dipping".  They certainly are not doing this because they just want to make sure we get higher benefits, imo.
5
paoli2paoli21,406 posts since
Aug 10, 2011
Rep Points: 6,152
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