Most people don't even have sufficient savings for retirement at a conventional age, let alone an early departure from the workforce. We recommend that you work with your Investment Professional to determine when it is feasible to leave your job. He or she can show you just how much financial difference a few years can make. If you belong to a pension plan, ask your employer about provisions for early retirement and how much pension income you would receive. A simpler retirement could help shave years off your working life.
Many companies offer financial incentives to employees as part of restructuring or down-sizing.
You already know that retirement is expensive. That s why you ve been putting money aside for retirement. This will show how your spending priorities will shift. For example, if your house is paid off and you don t plan to move, you probably won t have mortgage expenses in retirement. But other costs, such as health services, may increase.