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The alternative is retiring at 65. Now you have that big pension check you think you are all set. You have probably waited until now to take your Social Security check as well, so that is a fat amount. Sounds good so far...not so fast.
Years ago, large companies were finding that their retirement pension funds were overfunded. In other words, they were not paying their retirees full amounts based on the actuarial tables they Beats By Dre Studio On Sale were using. The retirees were dying before they should have.
A study was made at a large, well-known aerospace company, it found that workers who took early retirement at 50 lived until 86. Workers that retired at the traditional age of 65 lived an average of 18 months...eighteen months, hence the reason the reason for the overfunding...retirees were dying early Beats By Dre Studio On Sale if they retired late.
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