Why You Should Retire Early

Posted on

Did you know 37% of workers retire earlier than planned? Unless you’re a workaholic, here’s why you should consider the possibility:

  • Care-free joy. The sooner you retire, the faster you can enjoy life work-free.
  • Because you can. Figure out how much money you’ll need to save and allocate (see Retirement Plans 101).
  • Delaying SS is not worth it. You can receive Social Security benefits at your “full” retirement age (based on your birth year). Delaying can increase your benefit share and early collection can shrink them. The SSA says that regardless of the collection age, you basically receive the same amount.

Image Source: Nerdwallet

Previous
Henry Avocado Recall
Why You Should Retire Early

Processing...
Thank you! Your subscription has been confirmed. You'll hear from us soon.
Subscribe for news in an instant.
ErrorHere