What’s the Best Age for Retirement?

What’s the average age that people retire? While that question can give you an idea of what most Americans do, it’s best to understand why people choose the specific ages they do. This video will explain the key ages that influence retirement decisions to help you identify the factors that might affect your timeline.

We’ll tell you why the milestone ages begin at 59.5 and what ages are most important for Social Security and Medicare. Most of our clients at Rosewood Wealth Management tend to retire between the ages of 65 and 68, but there is a wide spectrum of retirement ages based on individual circumstances and goals. Plus, there’s a wildcard that you need to know about if you’re a state employee.

Here’s what we discuss in this episode:

0:00 – Intro

0:56 – Age 59.5

1:52 – Age 62

2:44 – Age 65

4:20 – Age 66/67

5:52 – Wildcard for state employees

7:11 – Our clients’ retirement age

 

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