Some people turn 62 and aren't anywhere ready to kick off their retirement. But by the time your 62nd birthday rolls around, you may be well into the process of planning your workforce exit.

Either way, it's important to understand the impact of being 62 as it relates to different retirement accounts and benefits. If you'll be reaching age 62 in the new year, here are some important points to keep in mind.

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Source Fool.com