1. Joined a company when I was 25 who paid a lifetime defined-benefit pension when your age and your years of service added up to 75, so when I was 50 years old I jumped ship and started collecting.
2. Joined a company that matched your deposits into a tax-sheltered IRA (Individual Retirement Account) up to 6% - you put in 6% of your pay, THEY'LL put in another 6%.
3. Retired at age 60, started collecting on our national "old age pension" (Social Security) at age 62. It would have been a larger monthly check if I'd waited till 66, but it would have taken until I was 80 years old for the total amount to catch up, so I took the "Get It While You Can" or "A Bird In Hand" approach.
4. In February, all the medical insurance payments and co-pay bills go away when MediCare kicks in, so that's another few hundred bucks a month in pocket. Been paying 2% of each paycheck all these years for that ....
Not everyone gets the chance to plan like that, but modern retirement is an opportunity that our great-grandparents would never have dreamed could ever happen ..... And I'm still so busy I don't know what to do ...