Does retiring early make you live longer?

Working an extra year decreases mortality rates by 11%, a new analysis shows.

Does retirement age affect life expectancy?

Early Retirement Risks

And in general, people who retire at 55 are 89 percent more likely to die within ten years than those that retire at 65. Social Security has noticed this trend, as well. Men that retire at 62 have a 20 percent higher likelihood of death than the general population.

Is it healthier to retire early?

Pros of retiring early include health benefits, opportunities to travel, or starting a new career or business venture. Cons of retiring early include the strain on savings, due to increased expenses and smaller Social Security benefits, and a depressing effect on mental health.

What is a healthy age to retire?

Age 65 has long been considered a typical retirement age, in part because of rules around Social Security benefits.

Is early retirement unhealthy?

The researchers concluded that early retirement may be a risk factor for mortality, while on the other hand, prolonged working life may provide survival benefits among US adults.