Forced Into Retirement Early – Now What?

Listen to Forced Into Retirement Early – Now What?

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A listener in his early 60s thought he had five more years of work ahead, until a surprise layoff changed everything. In this episode, Matt and Jacob unpack a listener question about how to move forward after being forced into retirement earlier than expected. They walk through key considerations for anyone in a similar situation: how to handle severance and stock options, when (or if) to pay off a mortgage, how to approach early healthcare coverage before Medicare kicks in, and whether finding part-time work or consulting could be part of the solution.

Matt and Jacob also highlight the importance of asking “why” before making big financial moves and how building a plan around purpose, not just numbers, leads to better decisions and more peace of mind. If you were forced to retire early and are facing uncertainty about what’s next, this episode is for you!

Key Topics We Discuss: 

💰 Managing severance and stock option decisions

🏡 Should you pay off the mortgage now?

📉 Health insurance before Medicare- what to know

💼 Part-time work and its impact on your plan

🧠 Why purpose is your first planning question

0:00 – Intro

0:59 – Listener question

3:50 – Early retirement checklist

6:20 – Consider health insurance

7:06 – Keeping tax levels low

12:00 – Gig work and consulting: pros and cons

Resources for Forced Into Retirement Early – Now What?

What Issues Should I Consider Before I Retire? https://perspective6group.com/wp-content/uploads/2025/04/What-Issues-Should-I-Consider-Before-I-Retire-2024-1.pdf

Additional Resources

📞Phone: (952) 225-0333

📧 Email: [email protected]

📚 Essential Financial Guides

📌5 Ways to Maximize Your Medtronic 401k Plan Guide: https://perspective6group.com/guide/

📌Stock Compensation Tax Form Checklist: https://perspective6group.com/stock-compensation-tax-checklist/

📌ESPP: A Comprehensive Guide: https://perspective6group.com/espp-guide/

📌Check out our other no-cost financial resources here: https://perspective6group.com/resource-center/

About Matthew Nelson

Matt has over 20 years of experience in the financial services industry. He is passionate about helping MedTech professionals maximize their benefits, reduce their taxes, and plan for financial freedom. As the Founder, Managing Partner, and Senior Financial Advisor at Perspective 6 Group, he leads a team of dedicated professionals. The team provides comprehensive and personalized financial planning and investment management services to our clients.

As a CERTIFIED FINANCIAL PLANNER™ (CFP®), Accredited Investment Fiduciary® (AIF®), and Equity Compensation Associate (ECA) Matt specializes in helping our clients navigate the complex and evolving landscape of equity compensation, financial independence, portfolio management, and income tax minimization. Further, he leverages his experience as a private equity investor at Focus Financial Network, Inc., to offer strategic insights and guidance on business succession, valuation, and exit planning. Matt’s mission is to empower our clients to achieve their financial and personal goals with confidence and clarity.