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Thursday, July 13, 2006

Early Retirement, Why Not

In CNN/Money’s Before you call it quits, there are some pointers as to why early retirement may not be such a good choice. The article mentions, for example, that people over 50 typically have a longer job search when re-entering the work force. Also, when it comes to the money you’ll actually be living on during your retirement, there are pitfalls as well.  “The typical baby boomer loses as much as 30 percent of his or her Social Security check by taking those benefits early, according to Steven Silbiger, author of Retire Early?” Want to know more? Read the story.

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