It’s not uncommon for CMOs to start thinking about retiring in their early 50’s. I have several acquaintances who have chosen to take the early retirement path (before age 65) and pursue new and different non-career related opportunities. I find it fascinating how CMOs are tackling these life changes (see here for one example).
When you talk with financial advisors or people who retire early, there is one key challenge that people must prepare for – healthcare. Anybody who wants to retire “early” (before 65) no longer have healthcare coverage from their company nor do they yet qualify for Medicare (must be at least 65 to qualify for Medicare). Consequently, understanding how to navigate healthcare decisions after a career but before Medicare is not for the faint of heart.
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