Even if you can retire at 62, should you really do it?

If you choose to retire at 62, which is on the early side these days, it’s important to have a solid retirement strategy in place so that you don’t run out of money.

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Should You Retire at 62?

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• Will you continue to work in some capacity? • How much do you have saved and invested for retirement?

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Investing for Retirement at 62

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Where to Save Your Money

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Even if you can retire at 62, should you really do it?

If you choose to retire at 62, which is on the early side these days, it’s important to have a solid retirement strategy in place so that you don’t run out of money.

Should You Retire at 62?

Retiring at 62 could make sense if: • You have little to no debt. • Your overall living expenses are low.

• Will you continue to work in some capacity? • How much do you have saved and invested for retirement?

Retiring at 62 With a Little Bit of Money

Investing for Retirement at 62

The longer you have until retirement, the more time you have to invest and grow your money through the power of compounding interest.

Where to Save Your Money

There are different retirement plans that you can use to invest, starting with a 401(k).

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Finding a financial advisor doesn’t have to be hard. SmartAsset’s free quiz matches you with fiduciary financial advisors in your area or who serve your area. If you are ready to be matched with financial advisors that can help you achieve your financial goals, take the quiz now.

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