When it comes to retiring, 67 seems like the perfect age. If you were born in 1960 or earlier, you're old enough to collect full Social Security benefits, plus, because you're over 65, Medicare has already kicked in.
At 67, you're still young enough to enjoy life. If you've been saving over the years, you likely have a decent nest egg to live off of. Even if you don't, by waiting until age 67, Full Retirement Age (FRA), you won't have to worry about a reduction in your Social Security benefits.
It's also likely that other people around your age are preparing to retire or have already left the workforce. This factor can help with the social and emotional side of retiring.
But that doesn't mean you have to follow suit unless you are completely ready. You may still want to go to the office every day. On the flip side, you may love the idea of having nothing but free time on your hands. Either way, before you retire at 67, make sure you are ready by taking our quiz.
If you answer yes to these five questions, it's smooth sailing ahead for your next chapter. If you answer no to most of them, you may want to hit the brakes, at least for now.
