Early retirement
by Mike Endsley
(St. Louis, Mo)
After 18 years my current job is being out sourced and my services are no longer required. I am eligible for early retirement but can't live on approximately $800 per month. I am planning to look for another job but don't know how long that will take. Can I collect un-employment if I choose to retire?
Wendy As with most answers, it depends. I normally delete questions like this with few details as they are impossible to answer. You did leave your email address so you will be notified that I published this.
You didn't mention your age... hard to tell what is right for you and how far you are from Social Security (or is that what the $800/mo is)?
Do you get retiree health care with your $800 pension? (or again, is that a Social Security payment)? If so, you really DO need to take that pension and get covered for insurances.
If you don't, you might postpone your pension... apply for unemployment as you probably are eligible. Collect it then find work, or get your pension later.
Hope this helps...