Submitted by Mark Miller on March 29, 2009 - 10:25am.
Accepting a buyout is a life-changing event if you’re past 50, because you’re unlikely to replace your old job with something similar in responsibility and compensation. That means you’ll likely face the challenge of remaking your career, either by moving into a different field of employment, becoming self-employed or starting a business.
How should you decide whether to accept a buyout? Here are some key factors to consider:
Accepting a buyout is a
Accepting a buyout is a life-changing event if you’re past 50, because you’re unlikely to replace your old job with something similar in responsibility and compensation. That means you’ll likely face the challenge of remaking your career, either by moving into a different field of employment, becoming self-employed or starting a business.
How should you decide whether to accept a buyout? Here are some key factors to consider:
http://retirementrevised.com/column/five-factors-to-consider-if-you-get-a-job-buyout-offer