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These Are The Signs You Are Ready to Retire
Pennygem
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8 months ago
According to a survey conducted by Natixis Investment Managers, the average age Americans stop working is 62. But the right age for you may be totally different
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00:00
the average age Americans stop working is 62 that's according to a recent survey by natixis
00:09
investment managers the right age for you is when you're ready as market watch explains you
00:15
need to stress test your financial plan get a planner who's a fiduciary someone who has your
00:22
best interests in mind maximize social security benefits navigate health care decide the best
00:28
way to take a pension plan for possible long-term care and figure out a sustainable withdrawal rate
00:34
from your savings however it's more than just a decision about numbers like age and finances
00:40
retiring means you need to be emotionally ready to money talks news suggests writing out a typical
00:46
retirement calendar do those types of days and activities sound appealing to you market watch
00:51
suggests making a list of travel and experiences you can start checking off you can also make a pie
00:57
chart or schedule of how you want to divide your time with hobbies volunteering and family
01:02
remember when you feel financially and emotionally ready is when you should retire not when any survey
01:09
or chart says so
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