When it comes to choosing the appropriate age at which to retire, the magic number differs for everyone.
"Today people are working longer, so the old standard retirement age of 65 isn't always the case," says Donald Morgan, a financial advisor with Independent Wealth Connections in Spokane, Washington.
According to a 2015 Gallup Poll, 32 percent of workers said they planned to retire before age 65 while 37 percent said they'd still be working after their 65th birthday. By comparison, the average reported retirement age was 62 for 2014.