WHEN CAN YOU RETIRE? Our six-step plan will help you choose your timetable and get you there on schedule

摘要

RETIRING AT AGE 65 IS BECOMING AS MUCH OF AN anachronism as getting a gold watch and a traditional defined-benefit pension. Medicare still kicks in at that age, but your full Social Security benefit isn't available until you're 66 or older. And if your nest egg plus sources of fixed income aren't enough to fund a 25- or 30-year retirement, you may need to stay on the job a few years longer. On the other hand, if you've saved diligently throughout your career, you may be able to quit earlier (for examples of both situations, see the profiles on the following pages).