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Boeing Retirement and Layoff Planning Guide

This guide contains important content to review as you plan for retirement or are faced with an unexpected layoff. The resources below are gathered based on our experience teaching Boeing Off-Hours Retirement Classes for 20 years and working with over 800 Boeing retirees since 1986 who compose 80% of our clientele. This page is regularly updated with new information, so you have all the latest resources as soon as we do.

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Can I afford to retire?

It depends. There are many factors to consider such as your age, monthly expenses, and retirement capital. A detailed discussion and analysis regarding your income needs, time horizon, return objective, and risk temperament are crucial.

Should I pay off my outstanding debts?

Ideally, you would want to enter retirement debt free. You need to consider the structure of the debt: amount, interest rate, payoff date, and monthly payment. Then, consider your ability to service the debt and the source of funds, if paid off, after layoff.

Should I defer, withdraw, or rollover my VIP?

There is not one right answer for everyone. There may be good reasons why you defer your VIP and other reasons why you rollover the funds. Careful analysis is critical considering investment, tax, and planning implications. Click here for additional information.

What are my health care options after COBRA?

Medicare begins at age 65. Health care coverage prior to that time can either be extending your current plan through COBRA or purchasing commercial coverage on the open market. A financial advisor can help you understand how these options align with your overall financial goals.

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