Increase Well-Being by Retiring Early

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Home Care Assistance Columbus knows that most Americans relish the simple pleasures during their retirement, but often must work extremely hard to achieve it. According to author Bruce Bower of Science News, people who retire earlier — at 62 years, to be exact — “receive a greater relative increase in physical and emotional well-being than those who retire at earlier or later ages.” In Bower’s article, “Retirement at 62 Boosts Well-Being,” he reminds us that 62 is also the age that U.S. citizens become eligible for receive partial Social Security benefits.

The study was conducted by Esteban Calvo of Boston College, where his colleagues poured over survey data from a national sample of 5,395 Americans tracked from their 50s into their late 60s. “A majority retired during a narrow window around age 62,” Calvo said. He also noted that retirements “that occur at culturally and institutionally expected ages yield large dividends in well-being.” While an earlier retirement may be wonderful for the individual, it may spell danger for the Social Security Administration. “Officials would prefer baby boomers to pay into Social Security until at least age 67, when full benefits kick in,” Bower said.

Though the Social Security Administration may not be pleased, there have been continuous reports that show improvements in how good retirees feel physically and emotionally in the years after retiring. This well-being takes a sharp turn downward among those who retired at significantly earlier or later ages. While Calvo’s group plans to see if their findings correlate to specific job categories, he has made one point clear: Retirement at age 62 heralds well-being regardless of participants’ physical and mental health before leaving the work force.

Take a break — at 62!


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