Early retirement is a dream for many Americans. It gives you the opportunity to enjoy your golden years while you’re still young and relatively healthy. It also may give you a chance to pursue some lofty lifelong goals that may not be feasible when you get older.
While early retirement may be a dream for some, it’s a very real nightmare for others. That’s because it’s often not by choice. Many workers are forced into retirement, either because they are laid off and can’t find a new job, or because they become disabled and can’t physically work.
If you and your spouse or partner fight about money, you’re not alone. According to a study from SunTrust Bank, 35 percent of couples experiencing stress said that money was the primary source of conflict. For respondents age 44 to 54, 44 percent blamed money for their relationship challenges.1