What to Consider Before Accepting an Early Retirement Offer

Right now, at this very moment, a growing number of employers are offering some of their more tenured workers large, lump sum payments to turn in their key cards and credentials and retire early.

Especially for those who work in fields like tech, or maybe finance, where companies are currently trying to reduce headcount as a way to show Wall Street they mean business when it comes to controlling costs and exercising some fiscal discipline.

In this episode of Malcolm on Money Office Hours, Malcolm lays out the key things to consider when reviewing an early retirement offer from your employer, as well as how to know whether you are actually ready to accept it.

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Malcolm Ethridge, CFP® is the Managing Partner of Capital Area Planning Group based in Washington, DC. He is also the Managing Partner of Capital Area Tax Consultants. 

Malcolm’s areas of expertise include retirement planning, investment portfolio development, tax planning, insurance, equity compensation and other executive benefits. 

 Disclosures:

The information provided is for educational and informational purposes only, does not constitute investment advice, and should not be relied upon as such. Be sure to consult with your legal advisors before taking any action that could have tax and legal consequences.

Investments in securities and insurance products are:

NOT FDIC-INSURED | NOT BANK-GUARANTEED | MAY LOSE VALUE