| Retiring early to cheap retirement living is not only | | | | retirement at 50 lived until 86. Workers that retired |
| doable it is fun with certain frugal retirement lifestyles. | | | | at the traditional age of 65 lived an average of 18 |
| Such as living in a RV, living on a sailboat, park model | | | | months...eighteen months, hence the reason the |
| mobile homes, etc...all ways to retire cheaply. | | | | reason for the overfunding...retirees were dying early |
| The alternative is retiring at 65. Now you have that | | | | if they retired late. |
| big pension check you think you are all set. You have | | | | The reasons for this disparity could be that the |
| probably waited until now to take your Social | | | | longer you work the more stress you have placed on |
| Security check as well, so that is a fat amount. | | | | your body and that takes a toll on your life span. The |
| Sounds good so far...not so fast. | | | | retirees at 50, using the pension as a cushion could |
| Years ago, large companies were finding that their | | | | take another job related to their hobbies or any |
| retirement pension funds were overfunded. In other | | | | work with less stress. To retire at 50 and return to a |
| words, they were not paying their retirees full | | | | high stress job was less appealing to these folks. |
| amounts based on the actuarial tables they were | | | | Therefore, they lived longer and spent less. |
| using. The retirees were dying before they should | | | | Cheap retirement living as described above is not only |
| have. | | | | frugal but also fun. A huge side benefit of retiring |
| A study was made at a large, well-known aerospace | | | | early on less is that you will live longer. Enjoy. |
| company, it found that workers who took early | | | | |