3 Reasons You Should Plan for an Early Retirement
Saving enough for retirement strains many Americans' budgets, especially those weighed down by credit card or student loan debt. To avoid the inevitable financial shortfall if they were to retire, many of these individuals plan to remain in the workforce indefinitely. A recent Associated Press-NORC Center for Public Research Affairs survey found that 23% of today's workers don't ever intend to retire, and another quarter expect to keep working after 65.
That's a viable strategy to shore up a lack of retirement savings -- if you're actually able to work that long. But there are no guarantees. So you're better off planning for an early retirement, even if you think you might like to continue working into your 60s or 70s. If you need a little more persuading, here are a few other reasons to plan as if you were going to retire early.
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Source Fool.com
