Here's How Much Money You Might Lose If You're Forced to Claim Social Security Early
It's one thing to choose to retire early and leave the labor force at a time that works for you. But it's another thing to be forced into early retirement against your will.
Unfortunately, an estimated 48% of workers ultimately land in the latter scenario, according to the Employee Benefit Research Institute. And that could have a host of implications.
For one thing, retiring early means getting fewer years to save in your 401(k) or IRA. It also means needing to tap that account sooner than planned, thereby increasing your risk of depleting your cash reserves in your lifetime.
Source Fool.com
