Preparing to retire in 2025? Make these 3 smart moves now
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Seniors should start reviewing their finances now, ahead of a planned 2025 retirement date. tamani chithambo/Getty Images While many Americans plan to retire at age 65, the reality is that the end of their working career often comes much sooner. Despite conventional wisdom, the average retirement age in the United States is actually 62, according to a recent report . In fact, almost six in 10 retirees stepped away from the workforce earlier than anticipated, according to new research from the Transamerica Center for Retirement Studies. That early departure date was often due to medical issues that limited workers’ ability to continue in their roles. Whether you find yourself in a similar situation – or simply plan to retire as soon as you hit the traditional age of 65 in 2025 – it’s never too early to start thinking about your retirement plans. And for those who are anticipating an end to their working days next year, it’s critical to get your finances in order