Question: We're 62 with $1.1 million saved. We'd planned to downsize from our $1.2 million home and retire in a year with the proceeds, but our daughter and two grandchildren live with us. My wife says we should stay for their sakes. I love them all, but I so want to retire; I'm ready to ask them to move. How can we navigate this financially and emotionally?
Answer: Age 62 is the earliest age to sign up for Social Security. For this reason, it tends to be a popular time to start contemplating retirement.
