Boomer Faces Dilemma: Early Retirement or Job Hunt?

1 min read
Source: Business Insider
Boomer Faces Dilemma: Early Retirement or Job Hunt?
Photo: Business Insider
TL;DR Summary

Andrea, a 64-year-old laid-off professional, faces a dilemma between finding a new job or starting Social Security benefits earlier than planned. Many older Americans, like Andrea, struggle with financial insecurity due to unexpected layoffs and insufficient retirement savings. Despite her husband's pension and Social Security, Andrea worries about covering expenses without depleting their savings. Ageism and past career choices have impacted her Social Security earnings, complicating her job search. She advises younger generations to prioritize retirement savings early.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

3 min

vs 4 min read

Condensed

89%

71878 words

Want the full story? Read the original article

Read on Business Insider