The age that you retire at is a personal decision and depends upon many factors. Here are a few things to take into consideration when it comes to figuring out your retirement age:
Downsizing or moving out of state may offer a better quality of life and some states may offer a lifestyle with more advantages than you have right now.
Taxes may throw the proverbial wrench in your retirement plans. Most withdrawals from retirement accounts are taxed in retirement.
Planning for your retirement means calculating how much money you need to live on -- not just survive, but actually live the way you would want to in retirement.
The American Dream for most of the last century consisted of a house, two cars, two and a half children, a good job, and a retirement package awaiting us in the golden years of retirement.
October 1 is International Day for Older Persons. Not everyone has been able to save enough money for their retirement, so they'll be relying heavily on the Social Security benefits due to them.
A shortfall in savings may be setting many American up for a dystopian future. The average personal savings rate in America is just over half of what people should be putting away.
Retirees and future retirees depend on income from Social Security to help provide a financially comfortable lifestyle. when you decide to take it makes all the difference
Make sure that you're able to retire comfortably with your partner, spend time doing the things that make you happy and not have to count every penny.
The Bank Rate Financial Index shows that twenty-two percent of Americans say failing to save for retirement is their worst financial blunder.
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