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Half of Americans Hope to Retire Before 65. Here's How to Do It.


Almost everyone wants to retire someday -- and the sooner, the better. Approximately 52% of Americans hope to exit the workforce before their 65th birthday, according to a recent survey by reverse-mortgage company American Advisors Group (AAG), and 23% hope to retire before they're 60. That's an ambitious goal when you consider that millions of Americans are struggling to set aside any money for retirement each month, but it's possible if you're motivated.

You shouldn't even try it without a financial plan, though. The same AAG study found that most Americans tend to underestimate the true costs of retirement, and this could trick you into thinking you're ready to retire early when you're not. Here are three steps you must take if you're serious about retiring early -- and comfortably.

Image source: Getty Images.

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Source Fool.com


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