3 Tips to Help You Find Your Retirement Age
The decision to retire from your career isn't one to be taken lightly. With retirement comes a world of repercussions, from the financial to the emotional. It's therefore crucial to put a reasonable amount of thought into when you retire. If you're not sure where to begin, these three questions can help narrow down your ideal retirement age.
First, let's be clear: No matter the state of your health, the answer to this question should be a resounding "yes." But if you have a known health condition, you should especially take it into account when figuring out when to retire. Recent projections tell us that the average healthy 65-year-old couple today will spend $400,000 or more on medical care in retirement, not including long-term care. This figure includes all of the (many) things traditional Medicare doesn't cover, from dental services to vision care.
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Source: Fool.com
