A company buyout at 58 can look like a retirement invitation wrapped in a check. The danger comes from treating that check as the whole deal.
A voluntary buyout may give someone enough money to leave a job years earlier than planned. It also can shift several expensive responsibilities onto the employee at once. Health insurance may change, retirement savings may need to last longer, and Social Security remains years away for many workers. Even the way retirement money gets accessed can affect the tax bill.
