Retirement is a momentous chapter in your life and deciding where to spend it should be equally exciting.

Do you know how you will afford retirement? Many people choose to generate their retirement income through a combination of options. This includes social security, a 401(k), an IRA, or even real estate.

As you start reaching your career finish line, your employer’s offer of an early retirement package might seem too good to pass up. Before accepting, it’s important weigh the pros and cons that will impact your short- and long-term financial situation.