Nature Boy wrote:
Just something to keep in mind, statistically, people that retire early tend to live 7 years less on average than those that retire at 65 or older.
1) Show me the stats on that, brother.
2) I could see it being true actually, but it's skewed, because the REASON that some people retire early is to deal with a potentially deadly illness (and many of them succumb). My father retired at age 61 due to a rare blood cancer when he had planned to work until 65. At the time the cancer was considered "incurable" but he because the first person ever to have it go into remission, and now he's 73 and has been cancer free for almost 10 years.
3) Don't kid yourself though...people like to talk themselves into working until they are 70 or older with stats like the one you just threw out...makes them feel good about not planning for the future. One of my personal heroes is a guy I know who saved his pennies, retired at age 51 from a high-powered corporate job and travels the world with his wife running marathons...he's now in his late 70s and still running.