You are using an older browser version. Please use a supported version for the best MSN experience.

3 Ways Forced Retirement Makes Life Worse

Money Talks News Logo By Chris Kissell of Money Talks News | Slide 1 of 5: A startling 56% of workers over the age of 50 say they were forced to leave their long-time jobs rather than departing when they wanted to. And a new study suggests that such forced retirement has a negative and lasting impact on post-work life. For a recent survey from Edward Jones and Age Wave — titled “Longevity and the New Journey of Retirement” — the Harris Poll talked to more than 11,000 adults to learn more about their views on retirement. Survey respondents who were forced to leave their jobs early — whether due to job loss, illness or caregiving responsibilities — reported they found the transition to retirement more difficult in a few important ways. Read on to learn more about how they struggled due to the nature of their departure from work. It’s not the usual blah, blah, blah. Click here to sign up for our free newsletter. Sponsored: Add $1.7 million to your retirement A recent Vanguard study revealed a self-managed $500,000 investment grows into an average $1.7 million in 25 years. But under the care of a pro, the average is $3.4 million. That’s an extra $1.7 million! Maybe that’s why the wealthy use investment pros and why you should too. How? With SmartAsset’s free  financial adviser matching tool. In five minutes you’ll have up to three qualified local pros, each legally required to act in your best interests. Most offer free first consultations. What have you got to lose? Click here to check it out right now.

3 Ways Forced Retirement Makes Life Worse

A startling 56% of workers over the age of 50 say they were forced to leave their long-time jobs rather than departing when they wanted to. And a new study suggests that such forced retirement has a negative and lasting impact on post-work life.

For a recent survey from Edward Jones and Age Wave — titled “Longevity and the New Journey of Retirement” — the Harris Poll talked to more than 11,000 adults to learn more about their views on retirement.

Survey respondents who were forced to leave their jobs early — whether due to job loss, illness or caregiving responsibilities — reported they found the transition to retirement more difficult in a few important ways. Read on to learn more about how they struggled due to the nature of their departure from work.

It’s not the usual blah, blah, blah. Click here to sign up for our free newsletter.

Sponsored: Add $1.7 million to your retirement

A recent Vanguard study revealed a self-managed $500,000 investment grows into an average $1.7 million in 25 years. But under the care of a pro, the average is $3.4 million. That’s an extra $1.7 million!

Maybe that’s why the wealthy use investment pros and why you should too. How? With SmartAsset’s free financial adviser matching tool. In five minutes you’ll have up to three qualified local pros, each legally required to act in your best interests. Most offer free first consultations. What have you got to lose? Click here to check it out right now.

© Oleg Elkov / Shutterstock.com

More from Money Talks News

Money Talks News
Money Talks News
image beaconimage beaconimage beacon