So if I retire at 66, I can expect about 7.2 years of retirement. That would even be 1 year before my social security retirement age of 67. And I will have worked 52 years to achieve that retirement (I started a part time job at age 14). Work 52 to get 7.2.
Not exactly a great deal, is it? Shouldn’t retirement be at least a decade?
Life expectancy for men = 73.2 years in the USA.
So if I retire at 66, I can expect about 7.2 years of retirement. That would even be 1 year before my social security retirement age of 67. And I will have worked 52 years to achieve that retirement (I started a part time job at age 14). Work 52 to get 7.2.
Not exactly a great deal, is it? Shouldn’t retirement be at least a decade?