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Be Wealthy & Smart

What Should the Retirement Age Be?

Be Wealthy & Smart

Linda P. Jones

Finance, News, Invest, Investing, Economy, Money, Financial, Business News, Business

4.8883 Ratings

🗓️ 25 August 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

Discover what the retirement age should be, according to surveys.

My earlier podcast to calculate how much you need to retire is here.

Are you on track for financial freedom...or not?

Financial freedom is a combination of money, compounding and time (my McT Formula). How well you invest can make the biggest difference to your financial freedom and lifestyle.

If you invested well for the long-term, what a difference it would make because the difference between investing $100k and earning 5 percent or 10 percent on your money over 30 years, is the difference between it growing to $432,194 or $1,744,940, an increase of over $1.3 million dollars.

Your compounding rate, and how well you invest, matters! 

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For a limited time, enjoy a 50% savings on my private investing group, the Be Wealthy & Smart VIP Experience. Pay once and enjoy lifetime access without any recurring fees. Enter "SAVE50" to save 50% here: http://tinyurl.com/InvestingVIP

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LINDA'S WEALTH BOOKS

1. Get my book, "3 Steps to Quantum Wealth: The Wealth Heiress' Guide to Financial Freedom by Investing in Cryptocurrencies".

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Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America’s Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom. 

(This post contains affiliate links. If you click on a link and make a purchase, I may receive a commission. There is no additional cost to you.)

Transcript

Click on a timestamp to play from that location

0:00.0

Be Wealthy and Smart, episode 1550.

0:03.3

I'm going to live the rich life,

0:06.9

a full than best life,

0:09.1

just if y'all know what I mean,

0:12.3

put your hands up and declare with me,

0:14.2

yeah, I'm full of bread,

0:17.3

I'm going to live a good life.

0:22.0

A beautiful and glorious life.

0:25.2

Step into a world of wealth and financial freedom without budgets, boredom or bosses on Be Wealthy and Smart.

0:34.0

And now, here's your host, Linda P. Jones.

0:38.0

Welcome to Be Wealthy and Smart. I'm Linda P. Jones, America's wealth mentor, empowering women and men worldwide to financial freedom.

0:44.8

On today's show, we're going to ask, what should the age of retirement be?

0:49.8

Now, this is a very interesting question because, of course, there's a lot of talk about people working longer

0:55.3

some people feeling that they'll never be able to retire because they're afraid they're going to run out

1:00.8

of money but what i'm reporting on today is a survey that was done by empower which pulled

1:06.1

1001 adults on june 2nd and they asked what age should you be for retirement? Those Americans surveyed

1:13.9

said retirement age should be age 58 on average. Well, the reality is that most men retired

1:20.9

at age 64 and women retire at age 62, according to the Center for Retirement Research at Boston

1:26.7

College. And even at those

1:28.6

average ages, many workers didn't plan to retire. 58% end up retiring earlier than expected,

1:35.0

according to a 2024 report by Transamerica Center for Retirement Studies in collaboration

1:39.8

with Transamerica Institute. Of those who retired early, 46% pointed to health-related reasons,

...

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