Read This Before You Retire at Age 62
There's a reason 62 is a popular age for people to leave the workforce for good. Age 62 is the earliest age to sign up for Social Security. And it also happens to be the most popular age to claim benefits.
It's easy to see why retiring at 62 sounds appealing. At that age, you may be young and healthy enough to enjoy things like travel, but you're also not leaving the workforce at such a young age that you can't yet access the money you have saved in your IRA or 401(k) plan. But before you make that leap and retire at 62, consider these two drawbacks.
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Source Fool.com