What You Need to Know to Retire Early at 55

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What You Need to Know to Retire Early at 55

What You Need to Know to Retire Early at 55


13.5 MIN READ

Most Americans consider age 65 the normal age of retirement because it was the full retirement age for Social Security Benefits until 1983. But the goal of retiring early has gained widespread popularity in recent years. In this article, we’ll cover what you need to know to retire early at 55.

From formulating a budget to creating tax-efficient retirement income, there are a lot of factors and variables to consider prior to making such an important decision. Making major mistakes will result in lifestyle restrictions or a forced return to the labor force.

Source : https://blog.xyplanningnetwork.com/consumer-blog/what-you-need-to-know-to-retire-early-at-55