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Lesson 1
Introduction
2 min read
Last Updated: December 19, 2024

While the standard retirement age may technically be 65, research shows the percentage of individuals working or looking for work beyond that age may be on the rise. In fact, recent data from the Bureau of Labor Statistics projects 9.5% of the civilian labor force will be older than 65.1

Today’s older workers tend to be more educated and higher-earning than those who were working during their golden years several decades ago, they note. But perhaps you’re still in the workforce because you have to be, even if you don’t really want to be. 

If your goal is retiring by the age of 65, or at least by the age of 70, there are steps you can take now to improve your chances at reaching this important milestone. In this class, you'll learn what you can do now to retire when you're actually ready, with important details shared on the following topics:

  • Retirement Planning Early: Find out which steps you can take now so you can retire by the age of 65.
  • Healthcare: If you retire in your mid to late sixties, you won’t have to find insurance if you don’t want to, since you’re eligible for Medicare. Find out the basic facts about Medicare and how it can help you retire.
  • Investments: Explore potential investment strategies, including strategies for drawing down your funds.
  • Benefits: Learn how to maximize the benefits you’ve worked hard to earn. 
  • Taxes: Find out how to legally minimize taxes before and during retirement. 
  • Checklist: Look over our retirement checklist so you can know for sure if you’re ready.

SOURCES

  1. “Number of people 75 and older in the labor force is expected to grow 96.5 percent by 2030.” U.S Bureau of Labor Statistics, 4 November 2021, https://www.bls.gov/opub/ted/2021/number-of-people-75-and-older-in-the-labor-force-is-expected-to-grow-96-5-percent-by-2030.htm. Accessed 1 December 2024.