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3 Rules for Deciding When to Retire


Timing your retirement right is crucial because your decision about when to leave the workforce is going to affect the amount of money available for the rest of your life.

To ensure you make the right choice, here are three key rules you'll want to follow. 

You don't have to claim Social Security benefits when you retire, but most people do because they provide a much-needed source of income. If you're going to start your benefits upon leaving the workforce, make sure you understand how your age at the time will determine the amount you'll receive. 

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Source Fool.com


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