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Why More People Are Retiring Early Today Than Ever Before
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More Americans than ever before are retiring early due to seven key factors reshaping our approach to work and retirement planning. • COVID-19 accelerated early retirements with 2.6 million more people retiring during the pandemic than expected • Average retirement age dropped from 64 in 2019 to 62 in 2022, one of the sharpest declines in decades • The FIRE movement (Financial Independence, Retire Early) has grown by 300% in searches between 2018-2023 • Strong market performance created reco...