I worked 34 years as a federal government engineer and retired at 55 with a 63% of salary pension. I decided to continue to work as a county engineer for 10 more years and retired at 65 with a 27% of salary pension.
I also qualified for social security and I have a large IRA because I was frugal. I could have retired at 55 but I realized my standard of living at 55 would be average...while retirement at 65 would be first class. I decided on a first class retirement and I am now looking to buy a vacation condo in Waikiki.
I am super healthy and I did the math and I recognize the benefits of retiring at 65. When and how you retire is one of the most important decision in your life.
I also qualified for social security and I have a large IRA because I was frugal. I could have retired at 55 but I realized my standard of living at 55 would be average...while retirement at 65 would be first class. I decided on a first class retirement and I am now looking to buy a vacation condo in Waikiki.
I am super healthy and I did the math and I recognize the benefits of retiring at 65. When and how you retire is one of the most important decision in your life.