Early Dip Into SS Has Pros, Cons
Until a coworker mentioned early retirement, neither Wendy Budge nor her husband, Bill, knew the option existed. For 38 years, Wendy had worked as a medical technologist at Deaconess Medical Center. Bill had been with the American Cancer Society for 20 years. Both were ready to call it a day but weren’t certain they had the resources to make it work. “We decided to work with a financial advisor,” Bill Budge said. “We needed someone who could see the situation more clearly than we could. We paid a minimal amount to get an unbiased account.” The news was good; using retirement funds and Social Security benefits, they’d be able to sustain their lifestyle/Don Adair, SR. More here.
Question: How old will you be before you can afford to retire?