By now, most Americans are quite excited about the importance of saving for retirement. Buzz60s Natasha Abellard has the story.

It's not too early to think about your golden years.

Their 50s are a time of transition.

Many workers reach their peak and earn years in their 50s after finding their ideal career niche. If you have a family , your 50s are also the time when kids are gone or they leave the nest, which adds up to much more disposable income, and if you're like many people and have put off saving for retirement, it's a wise time

Still at the same time, many workers begin to itch when they reach their 50s, whether it's the daily grind or the fear of fulfilling all their dreams, the outlook, a timepiece Beating to age 65 or over may sound unbearable.

No matter which way you lean, it's smart to plan something in your '50s to prepare you for your later retirement.

Here are three things you should definitely do:

1. Use Your Recovery

The Federal Government knows only too well that many people do not have the means or motivation to worry about retirement until later in their profession. This is an important reason why there are several provisions in the tax laws that allow retirees to retire. These include:

If you're lucky enough to save more money in your 50s, these provisions can help you start your retirement faster and put you in a better position if you want to retire. [19659014] 2. Preparing for social security

For most workers, social security is a major source of income in retirement. So whether you work longer or retire early, it is important to know how Social Security affects you.

If you plan to retire early, you must understand that Social Security is not there for quite a while. Advance benefits for workers will become available only at the age of 62 and you will have to wait four to five years longer to receive full pension entitlements. As you will see below, it is important for you to find alternative sources of income in the 1950s and early 1960s.

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In the meantime, if you If you plan to work indefinitely, maximizing your income is the best way to give your benefits a boost. To calculate your monthly payment, Social Security Administration looks at the 35 best years of your career and calculates the average monthly earnings after indexing your income history to take inflation into account. The more you earn now, the more you raise that average, and that can make a big difference to what you get from social security in your golden years.

. 3 Gain Access to Your Savings on Early Retirement

If you decide to retire early in the 50s, it is helpful to know when you can use your retirement plan. If you have regularly used taxable accounts to invest your savings, you have access at all times regardless of age. But if you've saved a lot of money in 401 (k) s, IRAs, and other tax-privileged retirement accounts, then you need to know the rules a little better.

For traditional IRAs, the general rule applies to withdrawals before reaching the age of 59 1/2 years are subject to a penalty of 10%. There are exceptions to the rule for a number of things, including money for expenses related to higher education, large medical bills, or up to $ 10,000 for the first purchase of a home. But if you do not want to go the relatively complicated way of building a series of essentially equal periodic payments, waiting, if possible, can be the best option.

For 401 (k) plans, the rules are slightly different. If you leave your job at the age of 55 or later, you can start charging for penalties immediately. However, this rule applies only to the 401 (k) you had with the employer you worked with when you turned 55 and then left. If you finish before 55, the special rule does not apply, and you must wait until the age of 59 1/2, as you would with an IRA or other retirement account.

She can retire

It may be hard to imagine retirement in the '50s just around the corner. But keeping these ideas in mind will put you in the best possible position to retire with the financial security you want. The Motley Fool has a disclosure policy.

Motley Fool is a USA TODAY content partner that provides financial news, analysis and commentary to help people take control of their financial lives. Its content is produced independently of USA TODAY.

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