unexpected early retirement and Social Security
I work for a large telecommunications company, one of the former Baby Bell's, and there is a possibility that our part of the company is going to be sold off. I am retirement eligible so I will probably retire in order to keep the benefits, pension and otherwise, that I have currently and will not have with the new company . I am too young (52) and with too many bills not to work, so I expect to pick up some other work to tide me over until I am 62, the age I originally planned on retiring at. This other job, whatever it will be, will undoubtedly pay far less than what I currently make with my baby bell. So my question is this..how is this going to affect my social security? My most recent paychecks prior to age 62 will probably be a good deal less ($10-20,000.00) then I make now. So will my 28+ years at baby bell be worthless as far as social security? Will it make a big difference? Just trying to figure out a whole lot of things here when I thought I had some job security. Hah!