Even if you don't plan to retire early, consider making a plan for early retirement.Credit: Charday Penn / Getty Images Key Takeaways Many Americans plan to retire at 65, but the median actual retirement age is 62. Retiring earlier than planned can reduce retirement savings, impact health insurance options, and require you to collect Social Security. Early retirement planning can help mitigate financial risks. Americans plan to leave the workforce at age 65, but are retiring earlier than anticipat ...