Yep. I agree. Take your SS at 62 and you’ll be limited to earning $24k/yr before they start taking back $1 for every $2 that you make. That limits earnings. Expected longevity also plays into it. For those in poor health or short life expectancy it makes sense to retire early. 70% of my friends are now dead. But most were smokers, lived some extreme lives early on, and ate like shit. Many retired early because it made sense. Did I mention that I hate cigarettes?
I’m 66 and have a lot of stuff to do planned for the next 10 years…. and it doesn’t include dying. Of course only so much of that is in my hands. Provided inflation stays at it historical levels, my finances will take me out to about 90. After that it gets murky. I’m ok with that.
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spin_dry ·
