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3 Reasons to Retire as Early as You Can


What does early retirement look like to you? For some people, it means leaving the workforce in their early 60s. For others, it's closing out their careers in their early 50s. No matter what specific scenario you have in mind, there's much to be said about retiring early, and here are three reasons to make that a chief goal.

Americans on the whole are living longer these days. The Social Security Administration reports that a man turning 65 today will live, on average, until 84. For a 65-year-old woman, that estimate climbs to 86 1/2. Meanwhile, about 33% of 65-year-olds today will live past the age of 90, and one in seven will live past 95.

But these are just averages, and unfortunately, many seniors wind up passing away well before their 80s. If your health isn't great, or you have a family history of dying young, then you may not live as long as the typical American. Which means that if you want time to enjoy retirement, you may need to start it a few years early.

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Source Fool.com


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