Social SecurityIf you lose your job at 62 or older, you might be tempted to enroll in Social Security, but tread carefully. Review Your InvestmentsIdeally, Social Security won’t be your only source of income during early retirement. The Rule of 55People who are forced to retire early get one break from the usual strict 401(k) early withdrawal rules. Once upon a time, financial planners would talk about the three-legged stool of retirement income: Social Security, retirement savings and pensions. But like so much else to do with early retirement, that’s a decision best made with professional help.

Source: Forbes September 28, 2020 15:33 UTC