Are you ready for retirement

When determining when to retire , a good place to start is to check your finances and determine what effect — if any — your retirement will have on your family. The decision can be an easy one if you have a healthy, robust financial portfolio. With the help of a financial planner, determine whether or not you have the financial means to retire early.

So, if you retire too soon, some of those years will be com- puted as zeros. Are you psychologically prepared to retire ?

This study reveals that Americans are. Will you live longer if you retire ? The Indexed Annuity Leadership Council writes about retirement products that empower workers to take retirement into their own hands. Why not take this quiz to see . We hear of concerns about individuals. But the people who are typically the most successful in retirement think beyond the bottom line to the other . To better plan for retirement , you need to have an accurate sense of where you stand.

And the only way to do that is to crunch the numbers.

Meta description (less than sentences): The need for retirement income becomes more important the closer you are to retirement. Take our poll and let us know how ready you are to retire. If you think you may be nearing retirement in the next years or so, there is a lot to think about.

Unless you have a pension, you will need to have enough . Investing is the backbone of your financial future, and it is your early investments that determine how much money you have at the end of the day. One of the key challenges for people approaching retirement is adequately preparing for it. Getting the right advice helps enormously with this. While everyone thinks they are ready to retire , not everyone is truly prepared.

Ask yourself these three questions before taking the leap into retirement. In general, retirement is often referred to as the period of time in life where we are no longer employed or no longer working because we have. Find out if you are ready for retirement. How will you manage the transition into retirement ? Will changes in your income sources affect your living?

Vacation photographs often capture . The road to retirement is a long journey. Planning early helps achieve a smooth transition.

This quiz will help you find out how ready you are and where you may need to give attention to your plans. Do you have a retirement budget? And although far more retirees are very confident in their retirement prospects than workers ( versus , respectively), retiree confidence . Have you made an estimate for life expectancy?

So what can Singaporeans do to get ready for retirement ? Here are three tips we gleaned about what to do before retirement. Retirement planning just got a lot easier! In addition to being in the right state of mind to retire , you have to. We talked to three early retirees, and they all had the same thing to say about the right time to retire.

Preparing for retirement means knowing how much is enough for retirement in South Africa, how much you will be taxed on your . Not all Americans are prepared for retirement. What will you do the first Monday after you retire ? How much have you saved for retirement ? Look for these signs before making a move. Learn more about retirement at Bankrate.