Whatever your planned retirement age, you’re likely to retire closer to age 61 than you think. This is one of the findings of a recent study of retirement data, which found that “planned and actual retirement ages align at 61, with those planning to retire earlier than that tending to retire later than expected, and those planning to retire after 61 tending to retire earlier than expected. In other words, actual retirement ages pull toward 61.” What did the same study find about predicting who will end up retiring earlier (or later) than planned – and what are some strategies for dealing with the challenges presented by the magic retirement age? CLICK HERE.
