Below is a list of things that might indicate that you are not ready to retire. These are things you need to handle before you’re retirement, or you’ll have regrets.
- You don’t have a budget
- You’re expecting to live on interest and/or dividends
- You haven’t tested your dreams
- You do not know when to start Social Security benefits
- You do not know how are you paying for Medical expenses
- You haven’t coordinated with your spouse
- You still have a mortgage
- You still have credit card debt
- You don’t have a financial plan or roadmap
How do you know where you’re going without a plan or a map? People spend more time planning for a vacation than planning for their financial freedom. Approximately 80% of people are unhappy, uncertain about their financial future.
If you need help planning for your retirement, give us a call. We can help you feel more confident about your plan and when is best to retire and if you can afford to retire.
Contact Richard Taylor for more information.