"When I first joined the Housing Authority back in the '80s, my dad insisted I sign up for early retirement. At the time, the extra contributions to my pension seemed expensive, but my dad assured me the investment was worthwhile. A lot could change between 55 and 62, he said, and being able to retire early would give me choices."
"A little more than a year before he died, Joseph said he wanted to take me into the city. I thought it was a date night, but when I came out in my heels, he told me to put on something more comfortable. Turns out, he wasn't taking me to a fancy dinner: we were going to the franchise expo. That's when Joseph dropped the bomb that he wanted to purchase a franchise."
She is a third-generation civil servant who spent 30 years at the New York City Housing Authority, helping people find safe, affordable housing. Her father persuaded her to sign up for early retirement contributions so she could retire between ages 55 and 62. She took early retirement to care for her husband Joseph during his brain cancer; he died at 58 when she was 55. Joseph researched and trained with Pillar to Post to buy a home-inspection franchise. He died before opening the franchise. The company offered to repurchase it, and she felt tempted but considered Joseph's efforts preparing the business.
Read at Business Insider
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