What is the Best Age to Retire?
#financialplanning #retirementplanning #retirementage
When it comes time to start planning for retirement, people will have all kinds of questions for us but one that seemingly always comes up is, ‘What is the best age to?’ For some people, they want to retire as soon as possible. For others, they enjoy work and don’t mind working well into their 70s.
In this video, we’re going to dive into the statistics to see what the data tells us. It might not be the exact timeframe that you’ll want to follow, but these stats will give you some averages to begin working off of. The only way to truly answer this question is through proper retirement planning, but this show should give you a better understanding of how you can determine that age.
No matter what goals you have, make sure you’re working with a financial professional to do the necessary planning to make that happen.
0:00 – Intro
0:50 – Why it’s different for everybody
2:31 – Average retirement age for men and women
3:15 – 40% of retirees retire earlier than the ideal age
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