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Jason Fichtner on Why You Should Save Today

The Great Antidote

CHAPTER

What Age Should I Retire?

So security benefits can be claimed anywhere between age 62 and 70. But the formula ire supposed to be actually neutral. So if someone lives to an average age 85, if they claim at 70, they'll only get better checks for 15 years. If you live longer, those higher monthly chacks will be there for the rest of your life. We talk about the three legged stool of retirement. The stool that makes it stand and sturdy is your personal employer savings plan. As well as a defined contribution plan, which could be saving in their own accounts too. Those are the three legs of retired with no wobbles. Just don't expect it to be everything for you or to be nothing

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