I am currently working with a couple that is, by accepted standards, not ready to retire. Both of them are on their mid 50’s, have worked at their current positions for 30 years, but now should retire. Why? With healthcare reform looming, their heath care benefits will go away as retirees if they do not exercise them now.

I was asked to put together a comprehensive retirement plan with specific emphasis on their heath benefits. If they retire now, at the end of their 30th year on the job, they will receive retiree heath benefits and remain part of the group. If they do not – it is gone. They both work for large companies with a very nice retiree benefit, one that they cannot afford to ignore. I fear that this is just the beginning of this trend. Long term employees who enjoy what they do, plan on retiring in their 60’s as most people do, are being forced to make the decisio0n to retire now or lose that for which they have worked a life time for.

Talk to your H.R. department to see what your company policy is regarding this very important decision. This is one you cannot afford to let slip through your fingers.

disclosures:http://www.hechteffect.net/?page_id=31