Reply to Why do people think Retirement Age is 65?

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Reply to "Why do people think Retirement Age is 65?"

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[quote=Anonymous]I don't know what people think, but retirement age is 62 if you asked me and then maybe 67.
People do talk about 65, but I would have to look up what's happening at 65 (forced sign up for medicare?) to make people retire at that age.
I have never had a job with a pension or 401k. Forget about the match or health insurance or even a contract. Within 20 years of working low wage job, I had enough to slow down and retire soon after.
401k, pension, and health insurance, and contract are not always assets. They cause people to stay at their jobs longer, take risks, spend more, neglecting their health, and not learn to invest on their own. 
Don't compare Joe to Brad or Joe will be even more behind blaming others. I made half Joe's salary, had no benefits, and retired mid 40s. Had Joe known that this can be done and how to do it, he'd be retired too.
He didn't know. He is too busy thinking about Brad. Brad will be working til 65, but because he upgraded his life and his kids are used to avocado toast.
I will be taking SS at 62. It's not a haircut. It allows my own money to stay in the market longer. If I invested the payments, I'd have more money at 67/70 compared to what government offers. It's not hard to beat. Time is money.
I don't need healthcare til 65 when forced. It was work and lack of time for me that made me sick. Haven't been sick since I left full time job.
Joe in Alabama should have done Roth IRA when it first came out as a low income earner.  Joe didn't know any better. [/quote]

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