At age 70 and beyond6 of 7Here's the final official retirement milestone: age 70. That's when the government requires workers to begin taking Social Security and IRA disbursements. If you've waited this long and you've been diligent about putting money away throughout your working years, this could be the golden era that people dream of. You'll have the money and time to do what you've always wanted."Make sure you have enough to cover the basics of life," AARP's Setzfand says. "Then you'll be free to do other things." Related Articles:Reverse mortgage basicsDon't tap retirement cashStudy financial plannersRetirement calculatorsRelated Links:7 investment mistakesAt 25 plan for retirement2 threats to retirementPrioritizing savings advertisement
Here's the final official retirement milestone: age 70. That's when the government requires workers to begin taking Social Security and IRA disbursements. If you've waited this long and you've been diligent about putting money away throughout your working years, this could be the golden era that people dream of. You'll have the money and time to do what you've always wanted.
"Make sure you have enough to cover the basics of life," AARP's Setzfand says. "Then you'll be free to do other things."
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