01/10/2019
We typically don’t think of the word “aging” as having a positive connotation. It may bring to mind graying hairs, aching backs, and slowing down. But these things don’t always have to be true, and they don’t necessarily tell the whole story when it comes to getting older. In fact, in most cultures, older people are well respected and seen as wise from having had so many life experiences. In Korea, the “hwan-gap” or 60th birthday garners a special celebration. 10 years later there is another special celebration for someone’s 70th birthday, known as “kohCui,” which means “old and rare.” If other cultures recognize that age can have its benefits, why shouldn’t we? For Americans approaching or in retirement who’ve saved for decades in a 401(k) or IRA, here are three significant ages that can have benefits: 55, 59 ½, and 70 ½.
What are your thoughts?
