Retiring at 62 is the dream of many Americans, marking the earliest chance to start collecting Social Security benefits. While there’s a three-year gap before Medicare eligibility begins, the trade-off is often worth it: many find themselves healthy enough to truly enjoy their newfound freedom and check off those long-awaited bucket list items.
The average retirement age in America is 62, according to a MassMutual survey. Whether that transition is a choice or a necessity — driven by layoffs, health issues, or caregiving responsibilities — one reality remains: retiring at 62 requires a substantial nest egg to go the distance.
