When Is the Right Time to Retire?
By Scott LauAs a person approaches 65 the question naturally comes up, “When should I retire?”
The answer to that question involves an individual decision. We are all different. Important to the decision are a person’s physical and mental health and whether their retirement nest egg is sufficient to support their retirement. This article explores my path to retirement and suggests retirement planning guidelines.
There is no magic age. In the 20th century, 65 was considered the appropriate retirement age. Most of our parents retired about that age. Social Security payments began. Life expectancy for a man was mid to late seventies. … Read the rest