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Vanguard shares seven retirement milestone numbers as follows:

• Age 59½: Withdraw from your traditional IRA without being charged a penalty
• Age 62: Become eligible for reduced Social Security benefits
• Age 64¾: Enroll in Medicare
• Age 65: Medicare begins; Sign up for Medigap
• Age 66–67: Reach Social Security full retirement age
• Age 70: File for Social Security if you haven't already.
• Age 70½: Begin required minimum distributions (RMDs)

My plans for each of these:

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In the March issue of Kiplinger's magazine they posted a reader poll asking "When do you plan to retire?"

The results:

• 27% plan to retire at 62 or younger
• 31% plan to retire between 63 and 66
• 19% plan to retire between 67 and 69
• 23% plan to retire at 70 or older

A few thoughts on this:

• I'm actually surprised on both ends -- that so many retire before 62 and so many retire at 70 or older.
• I retired at 52 and am so glad I did.
• My parents are over 70 and are yet to retire, though we're trying to get them to do so and move out here with us (we live in the awesome state of Colorado).

How about you and your family? When do you plan to retire?

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Today we have a guest post by Ben from From Cents to Retirement.

My name is Benjamin Davis, I run From Cents to Retirement and I recently published my first book called My strategy to retire early: My journey to become financially independent and retire in my early 30s. I was born in Portugal to an Italian and Canadian family. As my father had a job which required him to travel, we ended up traveling a lot, and most of my time was split between Portugal and Italy. When I turned 18, I moved to Canada, where I studied for a few years.