Here are five key factors to consider when evaluating whether retiring at 62 is the right fit.
Business Intelligence | From W.D. Strategies on MSN
I retired at 62 and immediately regretted it - here's the cost nobody warned me about
Picture this. You hit 62, the earliest age you can claim Social Security, and the temptation is overwhelming. Freedom awaits.
Many workers look forward to escaping the demands of the working world as soon as they’re able to. But whether you’re a Financial Independence, Retire Early (FIRE) proponent or someone just looking to ...
If someone were to offer you $90 now, or $100 in a month from now, which option would you choose? Chances are, you’d take the $70 and run. Clearly, the $100 payday is a lot more substantial. But it’s ...
Another good reason to claim Social Security at 62 is if you're in poor health and don't expect to live a long life. Filing ...
Those who work long, high-paying careers can receive thousands of dollars above the average Social Security benefit.
The standard advice is to hold off, but most retirees claim the benefit as soon as they can, at age 62. Here’s what to know ...
The earliest age you can claim Social Security is 62. Filing at that point will reduce your monthly benefits, but there's more to the story. Think through your financial situation before moving ...
'I can expect a pension of $60,000 to $65,000 a year once I turn 62' "I don't want to draw down my investments until I'm 62, so I plan on using cash and/or working part time for those years between 58 ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. What’s the best time to take Social Security? If you ...
Retiring at 55 might seem too young. You can easily work another decade. Plus, you can’t collect Social Security until 62 at the earliest. Even then, you’re losing money by receiving benefits before ...
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