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Want to Retire Early? Think Again
Some people consider “early retirement” to mean leaving the workforce at age 55. But most of us don’t. Unless you’re lucky enough to have a full pension and benefits that kick in at that age (say, if you worked in the military, or as a police officer or firefighter), you’ll probably need to work another decade to accrue enough money for a comfortable retirement. In that case, retirement at 62 would qualify as early. Of course, you may want to work even longer, just to keep your mind and body active and extend your life. Should the idea of retiring early sound irresistible to you, think again. Here are some practical reasons not to take early retirement. Read More…