59 1/2 is when you can start taking distributions on retirement accounts, but does it hold any other form of significance?
My parents are approaching this age and was curious about any advice I could pass on to them, they are 59 and 58, one will be working until they are 62 and the other until 65 in order to hit their retirement goals.
On a side note, it is fairly awkward talking with them about retirement when my own goal is to retire early sometime near 40, at least if my numbers actually do match up to my predictions.
My parents are approaching this age and was curious about any advice I could pass on to them, they are 59 and 58, one will be working until they are 62 and the other until 65 in order to hit their retirement goals.
On a side note, it is fairly awkward talking with them about retirement when my own goal is to retire early sometime near 40, at least if my numbers actually do match up to my predictions.