Let’s face facts here. Millions of people are out of work right now and despite the mantra of “we gotta get back to work” being chanted by everyone, the truth is that many jobs will be permanently lost even as we reopen the country. Businesses are closing for good all over the place and larger ones are cutting back, if not closing. Businesses are changing and becoming much more quickly tech driven and that means many older workers may no longer have the skills they need to adapt to a changing work environment. It all means that “retirement” may be the only real viable road for many after the COVID-19 pandemic. An unplanned early retirement.
This Year 2020
More people will retire this year than in any year I can recall. Some of that is because of the pandemic. The forced job loss and the mere fact that many just won’t be able to find work again, especially older workers, will push the number higher.Continue reading“Unplanned Early Retirement Now During the Pandemic?”