The early retirement that many companies offer is a golden handshake program. This program is offered openly and also notifies the nominal severance pay to be obtained, of course, adjusted to the class of occupation and years of service. However, many real employees do not know yet what the severance fund will be used and how to manage it. Therefore, it would be better if you already have a plan or at least a design in using the severance fund obtained. The money you earn when you retire will be very good if you use it for future needs, but you need the right arrangement to manage this one, one of them is by joining yourself on brightretirement.co.uk/.
Do not feel you get rich because of severance funds from a sizable early retirement. If you are sufficiently aware that you still have some debt as a liability that must be paid off immediately, do not delay the repayment. Debt repayment is also a matter to be considered again because very rarely do people pay off all their debts to the extent that no funds available now, although not impossible. In paying off your post-retirement debt, you still need to have a steady stream of income to budget your installment funds.