ncbill
Thinks s/he gets paid by the post
From health issues to age discrimination many examples of why everyone needs to strive to be ready for early retirement no matter their vocation or how long they plan to work:
'I'm too young to retire': What forced these workers to retire before they were ready/
On a personal note the last relative I buried had refinanced their home on a 15 year mortgage in their early 50s, planning to work until it was paid off.
So, naturally, their entire department was outsourced less than a decade later...they had to cash in their pension to make it to age 62 for SS.
Also had to scramble to refinance to a 30 year mortgage & later had to add a HELOC to cover lumpy expenses.
By doing is they managed to stay in their home of ~35 years, but 'enjoyed' a very lean retirement until dying of terminal cancer (only a few months after diagnosis) in their early 70s.
'I'm too young to retire': What forced these workers to retire before they were ready/
On a personal note the last relative I buried had refinanced their home on a 15 year mortgage in their early 50s, planning to work until it was paid off.
So, naturally, their entire department was outsourced less than a decade later...they had to cash in their pension to make it to age 62 for SS.
Also had to scramble to refinance to a 30 year mortgage & later had to add a HELOC to cover lumpy expenses.
By doing is they managed to stay in their home of ~35 years, but 'enjoyed' a very lean retirement until dying of terminal cancer (only a few months after diagnosis) in their early 70s.
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