Is Accepting an Early Retirement Package Profitable?
An early retirement package may work in your favor as it may give you time to reflect and plan out the next phase of your life. As the economy continues to tighten, many companies have determined to trim their payrolls by offering an early retirement package to their older employees. While many people would love to retire early, the offers these companies are making may or may not be worth taking. You need to make sure that the offer you receive from your company is a package that you can live with. As people live to older ages, you need to make sure that the retire early package your company offers will last as long as you do. When you look at what youre being offered you need to look at not only the cash involved, but the benefits as well. While the money may seem adequate, if the benefits youre used to arent there, it will affect your savings. You may have to dip into your retirement fund in order to pay for benefits that used to be included in your pay. A big benefit to look at is
