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Planning to Retire at Age 70? Here's Why You Shouldn't Count On It.


As of 2022, the average retirement age in the U.S. was 61, according to a Gallup Poll. But you may be making plans to leave the workforce at a much later age than that.

Given an increase in life expectancies, it's not a bad idea to aim to retire at age 70 instead of planning to do in your mid- or even late 60s. In fact, retiring at age 70 offers a number of benefits.

Image source: Getty Images.

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Source Fool.com


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