We don’t always look forward to our next birthday, but there are some important ages that we need to pay attention to in retirement planning.
There are certain age milestones that you should really focus on to your retirement planning progress. On this episode, we’ll look at the most important birthdays as you approach retirement and cover the exact things you should be checking off your to-do list at each age.
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0:00 – Intro
0:42 – Age 50 – Catch up contributions
2:37 – Age 55 – Early withdrawals from 401(k)s
3:43 – Age 59.5 – Normal access to 401(k)s
4:52 – Age 62 – Eligible for Social Security
5:55 – Age 65 – Access to Medicare
6:44 – Age 66/67 – Full retirement age
8:00 – Age 70 – Max age for Social Security
8:52 – Age 72 – Required Minimum Distributions
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