ONERetirement

Thoughtful planning is the key to retiring by design, not by default A little advance planning can make tough decisions much easier. For many people, the age of retirement is about 66. Some plan to leave the workforce earlier and others realize that they will stay a bit longer, but generally people calculate an "early or "late" from a milestone of about age 66. Unfortunately, this type of thinking encourages too many people to view retirement as a one-size-fits-all event - and that could not be further from the truth. Retirement is a highly personalized lifestyle change that requires careful attention and good decision-making. It's likely that you'll be living on assets that you've accumulated during a lifetime of work, and those assets cannot be easily replaced if you make costly mistakes, so it pays to plan.