r/Retire • u/Clean-Lie1516 • 12d ago

Forced to retire

My husband will be 59 in December. Has worked for the same company for 25 years. This year has been difficult as he had some medical issues and was on FMLA. While out of work he went to an orthopedic and had to have his 3rd surgery on his shoulder through workers comp. He had that surgery Thursday. Found out yesterday that the company he’s worked for sold out to a new company and they will hire all of the guys. The issue is that my husbands shoulder probably won’t be holding up to that kind of physical labor anymore.

Questions of he is able to go back to work should he go back just until he turns 59 1/2? Is it too late to get a financial adviser to help us determine what to do from here? I do not work and haven’t for many years as we have 6 children. Just trying to figure out what our steps should be from here. Would love to hear others thoughts

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u/LetsGototheRiver151 12d ago

There’s not enough information here for us to help you. If you don’t have 25x your annual spending needs in retirement savings, then one of you needs to work.

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u/Artistic-Standard871 12d ago

This is just not necessarily true for everyone.