111
I thought I'd retire from Intel. Then I got laid off in my 60s — and I'm still struggling to find a job.
(www.businessinsider.com)
this post was submitted on 26 Apr 2026
111 points (98.3% liked)
news
955 readers
1234 users here now
A lightweight news hub to help decentralize the fediverse load: mirror and discuss headlines here so the giant instance communities aren’t a single choke-point.
Rules:
- Recent news articles only (past 30 days)
- Title must match the headline or neutrally describe the content
- Avoid duplicates & spam (search before posting; batch minor updates).
- Be civil; no hate or personal attacks.
- No link shorteners
- No entire article in the post body
founded 8 months ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
He lost his job at age 63.
He would rather retire at age 65, when he is eligible for Medicare for his health insurance.
He would like to delay Social Security to age 67, so he can get the maximum benefit.
I would love to sit down with him and discuss his situation. A few small adjustments and he could probably hit his goals. It just might not involved him using the same skill set he developed over his prior working career.
In this day & age, I'm pretty curious what actionable advice you'd have to offer, all due respect. 🙇🏼♂️🖖🏼
The recommendation would require a conversation, because what he wants and the details of his situation might vary from any imagined scenario, but I will say that I met with someone a couple of days ago who was in a similar situation. He took up part-time school bus driving to get insurance and other benefits and he is going to start drawing on his 401k to push back when he starts social security. Next year his wife (the smaller of the two SS payments) will be eligible and they will take hers early because if he dies, she gets his. That's why they wanted to delay taking his. But both are in good health, so this seems like a good plan.
That seems like quite an edge-case, NGL.