How Much Money Do You Need to Retire?
A slim majority of Americans typically retire between the ages of 61 and 65, according to statistics from the U.S. Census Bureau from several years ago. Another 12% retire a little later, between 66 and 69.
While delaying retirement into one's 70s or later is less common, it certainly does happen. About 14% of workers retire between 70 and 79, while 7% of Americans wait until their 80s and beyond to leave the labor force.
Still, a sizable number of Americans do the opposite, retiring early instead of late. About 17% of labor force participants stop working between ages 50 and 60, while about 1% retire even earlier than that.
Source Fool.com
