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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I am taking my company’s buyout offer at age 56. I think it will be quite difficult to secure a high level position and want more clarity about whether I can retire now. Looking for a financial planner that can help me assess this. High earning professional (not too high), three kids in college, investment properties, mortgages, wife works part time, healthy 401k balance and so on. Probably not much different from most of you. If this were an easy task I’d do it myself but there are some nuances. Any DMV referrals appreciated. [/quote] No. You be a fool to retire. Why? You have the shelf life of two day old milk at 56. Right now you are young enought to land a job, might be a bit of a step down or a start up. But you easily could ride that a bit then retire. FY I got laid off a a high paid job at 54, after a lot of work looking got a bigger job that lasted till I was 57. Then I got a ok good job at 57 that lasted till amost 59 when I left by choice and now I am in a good job again Retirement age is 67 you arse 11 years away. I think you can retire early but early to me is at least 60. [/quote] What field are you working in that you could do that? Some fields are more ageist than others but old lawyers and doctors are acceptable. [/quote]
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