Stave off

Planning is important, but so is realizing that life might throw your plan out the window. About a third of workers who retire earlier than planned do so due to a health problem or disability, according to the Employee Benefit Research Institute, or EBRI. To guard against this possibility, consider a disability insurance policy, which can replace up to 80% of your income. This will help stave off the need to tap your nest egg earlier than planned or to claim Social Security at age 62, locking in payments that are 30% less than if you wait until your full retirement age of 67.