Core Insights - Retirement ages vary significantly across the United States, with some states allowing workers to retire in their early 60s while others push the average closer to 65, raising questions about financial preparedness for retirement [1][2] Summary by Category Retirement Age and Financial Preparedness - A study by John Stevenson calculates the "years to retire" for each state by dividing a retirement goal by annual savings potential, which includes wages minus expenses plus self-reported savings [1] - The average retirement age in various states ranges from 61 to 65, with corresponding years to retire varying widely, indicating disparities in financial readiness [4][6] State-Specific Data - For example, Alabama has an average retirement age of 62 with 34 years to retire, while states like Florida have an average retirement age of 65 but may require more than 35 years to retire comfortably [4][6] - Some states, such as Connecticut, show that residents may not be able to retire on an average wage, highlighting the financial challenges faced by retirees [6] Implications for Retirement Planning - The analysis suggests that many retirees may need to rethink their savings strategies, as the average retirement age does not necessarily align with financial readiness, leading to potential financial strain in retirement [2]