Jill On Money: Advice for laid-off workers
Briefly

The article discusses the growing concerns among government employees and media professionals about job security, particularly in light of recent economic shifts. Many are contemplating early retirement, leading to critical financial assessments regarding their earnings, expenses, and retirement assets. The necessity of evaluating current spending habits, potential health care costs, and liabilities is emphasized as foundational to making informed retirement decisions. Additionally, readers are encouraged to research job opportunities and update their professional profiles, highlighting the ongoing need to stay competitive in the job market despite previous labor shortages.
"Calculating your current spending is crucial to establishing every financial goal, including the possibility of early retirement; understanding your expenses helps you make informed decisions."
"Assessing your financial assets and liabilities is essential; this gives you a clearer picture of your financial health and whether you can afford to retire early or seek new employment."
Read at www.mercurynews.com
[
|
]