Americans are Retiring Earlier Than Expected

retiring earlier

At one point, retirement seemed to be a thing of the distant future — something that many adults wouldn’t even start to think about until their late 50s or even 60s. But the retirement landscape is changing, and more Americans than ever are taking their well-deserved retirement years sooner rather than later.

According to a recent report from the New York Post, retirement ages are dropping across the United States. The report states that a recent poll of 2,000 Americans found that the average age of retirement was 61.5—nearly two years earlier than most expected to.

There are numerous factors at play here, from the increasing cost of living and rising healthcare costs to the changing job market. New technologies are allowing more and more people to retire earlier, as they can now work from home or use other technological tools to make a living without needing to be physically present in an office.

Thinking about retiring early? The Seniors Center offers resources to help retirees navigate their golden years and make the most of their retirement. From articles on Social Security legislation to resources on staying safe from scams, we have all the information you need to live comfortably during retirement.

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