Can I Retire at 62? A Complete Guide
Quick Answer
Can I Retire at 62? A Complete Guide
Yes, you can retire at 62, but it comes with trade-offs. You can start Social Security at 62, but benefits are permanently reduced by up to 30% compared to waiting until full retirement age (67). You will also need to cover healthcare costs before Medicare eligibility at 65. A successful retirement at 62 requires 25-30x your annual expenses saved and a plan for the coverage gap years.
Last updated: June 2, 2026
A complete guide to retiring at 62, including Social Security timing, healthcare costs, and whether you have enough saved.
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