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At some point during your career, you might try to land on a specific retirement age. That age might be 65, which is when Medicare eligibility begins. Or it may be 67, which is the full retirement age for Social Security for anyone born in 1960 or later.
But you might make the decision to retire at age 70 or even beyond. And if so, you’ll be in good company. That’s because 39% of workers today anticipate either retiring at age 70 or later, according to a recent Transamerica survey.
Of course, retiring at age 70 or later may not be ideal for you — especially if you work a demanding job and want out sooner. But retiring at a later age could benefit you in more ways than one.