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2. How to make retiring at 55 work for you - AOL

   www.aol.com/finance/looking-early-freedom...

   Every month you claim benefits before full retirement age results in an early filing penalty. Those penalties are: 5/9 of 1% per month for each of the first 36 months you collect benefits before FRA

3. I want to retire at 55 but does that mean I have to leave a ...

   www.aol.com/want-retire-55-does-mean-154448310.html

   There are a number of benefits to saving for retirement in a 401(k) plan. First, your contributions go in tax-free, thereby exempting a portion of your income from taxes. Also, investment gains in ...

4. Retirement Savings: Here’s How Much You Need To Retire by 55

   www.aol.com/much-retire-55-190017308.html

   The earliest you can file for Social Security is age 62, so you’ll have at least seven years of retirement without Social Security benefits. Retiring at age 55 might also lower the amount that ...

5. Congressional pension - Wikipedia

   en.wikipedia.org/wiki/Congressional_pension

   A Member with 10 years of service who takes a FERS pension at the earliest allowable age of 55 would receive a reduced pension equal to 11% of high-3 salary (.017 x 10 years, reduced by .05 times the seven-year difference between the individual's age at retirement and age 62). [4]

6. Can You Retire at 55? What the FIRE Movement Says You ... - AOL

   www.aol.com/retire-55-fire-movement-says...

   The average retirement age in the U.S. was 62 in 2023, but that number's been slowly ticking up over time. Rising life expectancies and rising costs, coupled with incomes and Social Security ...

7. Sick of work but worried about retiring too early? Many older ...

   www.aol.com/finance/sick-worried-retiring-too...

   The Federal Reserve’s latest Survey of Consumer Finances in 2022 found that Americans aged 55 to 64 had a median $185,000 saved up in retirement accounts. But retirement doesn’t have to be an ...

8. I’m 55 and have been offered early retirement with a $100K ...

   www.aol.com/finance/m-55-offered-early...

   At 55, you’re too young to claim Social Security — the earliest you can start is age 62, when you’d have to take a reduced benefit for claiming before your full retirement age (between 66 ...

9. 55 and Retired: How Far Will $2.5 Million Take You? - AOL

   www.aol.com/retiring-55-2-5-million-130056434.html

   An Employee Benefits Research Institute study found that it would take $318,000 in savings ... a $2.5 million nest egg is a strong indicator that you can confidently retire at age 55. Retirement ...