Crystal McMahon can help you create a retirement or short-term cash flow plan that considers your unique circumstances and eases you into the transition.

In a study by ProPublica, 56% of adults over 50 years old have experienced what is known as a forced retirement. An additional 13% experience a layoff during this crucial time of their lives.

If this change isn’t employer initiated, there are a few other reasons a person’s planned retirement timeline gets unexpectedly sped up.

Frequently, a health problem could speed up your timeline. A catastrophic illness or injury may require stepping back from your retirement plans. Also, in that same vein, a spouse’s illness may require a serious life change. Additionally, the business you have worked for may close its doors unexpectedly, leaving your well-made plans less secure.

Having Crystal McMahon on your side can help if you find yourself in this situation.

Should this happen to you, we will start where we always do: with an informative interview. During that time, we will ask questions like: Do you need a new source of income? Can you maximize what you currently have? What is already in place?

Plans for Social Security will be a driving force in this decision. The amount of Social Security you receive changes drastically depending on when you start taking disbursements. People can start receiving Social Security as early as age 62. But, if you can wait until later, you will receive more money per check going into the future. We can discuss the payout plan when we get together.

Once we figure out where you are, our expertise will empower you to maximize your cash flow, even if it ends abruptly.

While you can’t control everything in life, you can make wise decisions along the way. At Crystal McMahon, we will ensure that your financial situation is competently addressed so that you will not be too shaken should you encounter a forced or early retirement.

1. Feel free to reach out to us so we can talk with you about your unique situation.