An unplanned retirement happens mostly due to an unforeseen health issue, a job layoff, a forced separation, or family responsibilities, and it comes up more often than people think. When it happens and people have to stop working earlier, it is logical to plan for benefits, among which the most important one is health insurance. Planning financially on retirement plans and structurally on spending may also help handle early retirement.

See Rebekah Barsch, “Laid Off At 60? How To Plan For An Unplanned Retirement,” (November 17, 2014).

Posted by Jiaqi Wang, Associate Editor, Wealth Strategies Journal.