Two factors - one economic and one personal.
I retired at age 61 a year after I qualified for a non reduced pension. We had retirement savings as well but the pension provided us with cash flow so we could delay taking SS benefits and do some Roth conversions.
My father delayed retirement until a couple months before his 70th birthday. He had enough money and a pension and could have retired at age 65. He died 7 months after he retired. I wanted to retire early while in good health to have more time to pursue varied interests.
I retired at age 61 a year after I qualified for a non reduced pension. We had retirement savings as well but the pension provided us with cash flow so we could delay taking SS benefits and do some Roth conversions.
My father delayed retirement until a couple months before his 70th birthday. He had enough money and a pension and could have retired at age 65. He died 7 months after he retired. I wanted to retire early while in good health to have more time to pursue varied interests.
Statistics: Posted by Peter Foley — Wed May 15, 2024 10:49 pm — Replies 23 — Views 2859