With a little thoughtful analysis and reflection, you can determine if you are financially ready to retire. It’s important to understand what benefits you are eligible for and when, as well as the state of your personal savings.
The amount of your Social Security benefit can change depending on the age at which you retire. There are other factors that can impact your eligibility for Social Security, as well. Make sure you understand these benefit differences and eligibility issues – these resources from the Social Security Administration can help: