QUESTIONS AND ANSWERS
Outlivingjcone'sjcresources
Havingjctojcworkjcinjcretirementjc
Beingjcablejctojcaffordjchealthcare
BeingjcablejctojccoverjcLTCjcneeds
Stayingjcproductivejcandjcengagedjc-jcanswer--Topjcconcernsjcofjcprospectivejcretirees:
CanjcIjcaffordjcit?,...
Createjcajcbudget
Impactjcofjcinflationjc
Unexpectedjcexpenses
Costsjcinjcretirementjc
Howjcwilljcmyjcspousejcandjcfamilyjcbejcaffected?,...
EverydayjcisjcajcSaturdayjc
Sharedjcinterestsjcwithjcspouse,jcifjcnotjcadjustmentsjc-jcanswer--
Questionsjcfacingjcprospectivejcretirees
Isjcthisjcthejcrightjctime?
Enjoyjcworkjcorjcnot?
Personaljchealth?
Emotionallyjcreadyjcvsjcfinancially,...
DojcIjcreallyjcwantjctojcretire?,...
Stayjcinjccurrentjchome/jcdownsize?
Hobbies?
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Losejcabilityjctojcperformjcupjctojcstandardsjc-jcanswer--Morejcquestionsjcfacingjcretirees,...
Definedjcbenefitjcpensionjcplanjc-jctypicallyjcbenefitsjcarejcreducedjc
Definedjccontributionjcplanjc-jcfewerjccontributionsjcandjcfewerjcyearsjcofjcgrowth
Socialjcsecurityjc-jcbenefitjcreductionjcifjcclaimjcearly
Healthjccarejccoveragejc-jccostsjcmayjcincreasejc
Lossjcofjcemployerjccoveredjchealthcarejc
Retirementjcplanjcdistributionsjc-
jcmustjcbejcstructuredjctojcavoidjcearlyjcwithdrawaljcpenaltiesjc-jcanswer--
FactorsjcthatjcAffectjcthejcEarlyjcRetirementjcDecision
Alljcplansjc-
Deathjcorjcdisabilityjc
, Substantiallyjcequaljcperiodicjcpaymentsjc
Medicaljcexpensesjcabovejc10%jcAGI
IRAjcOnly
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separationjcfromjcservicejcafterjcagejc55
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1)jcCash/jcseverancejcbenefitsjc
2)jccontinuedjchealthjcplanjccoveragejc-jcuntiljchitjcagejcofjc65jcbridgejcgapjctojcMedicarejc
3)jcEarlyjcaccessjctojcdistributionsjcfromjcretirementjcplansjc-
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PresentjcValuejcofjcbenefitsjcgainedjcversusjclost
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retirementjcplans
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jcanswer--Isjcitjcajcgoodjcdeal?jcWhenjcfacedjcwithjcearlyjcretirement
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sition;jcalsojcknownjcasjcparachutes.
Canjcbackfirejcforjccompanies:
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Rewardjcriskjctakers
Removejcconflictjcofjcinterest,jcboardjcofjcdirectorsjc-jcanswer--Goldenjcparachutes