How ready are you?
What if you are laid off or forced into retirement before 65, or even before 60? If that happens to you, what do you do in response now that the next phase of your life is starting sooner than you planned?
As a first step, gauge where you stand financially. It could be that the full-time job you just left will be your last. It could be that you have been thinking seriously about retirement. Depending on your outlook, you may see your glass as half-empty or half-full—but no matter your outlook, you need to assess your financial position.
Make an impact and get a win-win.
Do you have to make a multimillion-dollar gift to a charity to receive immediate or future financial benefits? No. If you want to give, consider the following options that may bring you immediate or future tax deductions.