Another thing to keep in mind is that if you’re let go at work for legitimate reasons in your late 50s or early 60s, you might struggle to get another job due to your age. As such, losing your job could make it difficult or impossible for you to delay your Social Security filing if you need an income in the absence of having access to your benefits. In fact, one big problem some older workers encounter is being forced out of a job due to agism. Discriminating against employees on the basis of age alone is illegal — but that doesn’t mean some companies don’t get away with it.
Source richmond.com The pandemic taught a lot of people the hard way that a seemingly stable job has the potential to disappear overnight. Of course, the pandemic represents an extreme situation, but the point is that you never know when your job might get yanked out from under you.
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