Why Plan For Retirement Early?

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    Steve Savant
    Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
    Planning for an early retirement needs to incorporate the high probability of living into your nineties based on present life expectancy trends. That being being said, the traditional retirement age is 65. Maximum Social Security and qualified plan required minimum  distributions are at age 70 1/2. Even with this understanding, you should start paying yourself today. Procrastination can be have a negative impact later in life.
    Answered on September 7, 2013
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