MoneyAdvisor financial advice and news for normal people

2Jul/100

Unwanted early retirement

Sorry about the brief posts I've put up over the past few days - I've just finished moving , which has proven more time consuming than it should have been...

In any case, news today has talked about a bit about unemployment rates. June has reported a drop in unemployment, but at the same time, a large number of jobs are disappearing, and the federal reserve expects the unemployment rate to stay rather high in the foreseeable future.

I didn't want to talk about the unemployment rate as such, but I did I want to bring attention to an article about Pat and George Breaul, a couple that has found themselves in an unplanned early retirement, as I imagine a number of people may be finding themselves in similar positions. The article explains a little about the Breauls, but also offers a few tips on how to deal with finding yourself in their situation. In brief: try to gain some income, and don't spend too much. Perhaps it's not the deepest advice, but maybe it will help clarify where you stand.

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