Stay Wealthy Retirement Podcast How to Retire at 62 (Even If You Feel "Behind")
Jun 26, 2025
Retirement at 62 might be more attainable than you think! Forget arbitrary savings benchmarks that don't fit your life. Discover why taking Social Security early could actually boost your wealth. Learn a practical four-step process to tailor your early retirement plan. If you feel behind on savings, this discussion offers new perspectives to help you confidently step into retirement sooner than expected!
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Retirement Benchmarks Are Flawed
- Generic retirement savings benchmarks often do not fit individual situations.
- They ignore key factors like early Social Security and changing lifestyle flexibility.
Early Social Security Can Help
- Taking Social Security early can preserve more long-term wealth for some retirees.
- Early claiming provides guaranteed income reducing portfolio withdrawals during market downturns.
Couple Retires at 62 with $1.8M
- A couple with $1.8 million felt behind but found retirement at 62 possible by claiming early Social Security.
- Their guaranteed income reduced portfolio needs and flexible spending lowered actual expenses.