Many people want to retire early and not work until the standard retirement age. This is possible, but the decision should be weighed up financially
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Only a few people today want to continue working until they reach the normal retirement age. In recent years, around half of employees in Germany have applied for a statutory pension before the actual retirement age – this is possible if you have already paid contributions for a long enough time. However, you need to be well prepared for an early retirement so that you don’t receive much less money in early retirement.
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Source: Stern