WHEN TO RETIRE AND WHAT YOU NEED TO CONSIDER
Planning ahead for retirement is critical, and determining your retirement age is a key step in the process. Review these important factors today so you're ready when it's time to pursue the retirement you've dreamed about.
Evaluate your savings
Include the value of pension plans, 401(k) accounts, individual retirement accounts, other investments and projected Social Security benefits.
Know your reasons
Are you ready to leave a stressful job? Or, are you ready to pursue a new chapter? Knowing why you want to retire can help as you consider income and expenses.
Define your lifestyle
Laying out your expectations will help you make the most of your retirement. In addition to basic expenses, consider the kind of lifestyle you want.
View retirement questions to ask yourself