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2 Biggest Factors in Determining Your Ideal Retirement Age


What's the best age to retire? Is it 65, when you first become eligible for Medicare? How about 70, when your Social Security benefit maxes out? Or maybe it's 59 1/2 -- the age when you can tap into your retirement savings without paying a penalty?

When it comes to retiring, there is no one-size-fits-all answer. You'll need to fully evaluate your circumstances. There are two major financial factors to consider: how much you'll get from Social Security and how much you have in your nest egg.

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Source Fool.com


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