I have friends who are thinking about retirement. Each has their reasons, but I imagine they may be wondering, “is this a good time to retire?”. Some might think, ”anytime is a good time to retire (if I can)!” Others may be unsure. In reality, it’s not a question that can be easily answered—certainly not … Read more
According to some recent stats, more people are retiring earlier than planned due to the effects of the pandemic. Their specific reasons may differ, but part of what’s been fueling it has been rising stock and real estate markets. Quality of life is also often cited as a key reason. I’m reasonably sure that a … Read more
I retired three years ago this month. Frankly, it seems longer, but I’m not sure why, perhaps because the last 18 to 24 mos. have been a pretty long road for all of us. If you’ve read this blog for very long, you know that I don’t make every article about me or take you … Read more
I announced earlier that I would soon publish my next book, Redeeming Retirement: A Practical Guide to Catch Up. I’m excited to announce that it’s been released and is now available on Amazon in both paperback and Kindle editions! In this article, I want to tell you more about it and offer some giveaways to celebrate … Read more
I published an article about a year ago titled “The 8 Questions I Need to Answer Before I Decide to Retire.” In it, I said that I did not know when I would “retire” and that I was taking it year by year. I had no idea that just one year later I would be … Read more
In the last two articles, to help you answer the “Can I retire?” question, I went over an approach for calculating your essential living expenses and for determining whether you will have enough income from “guaranteed” sources to cover them. I also looked at what you could do regarding withdrawals from “non-guaranteed” sources, such as … Read more
In the first article in this three-part series on financial planning for retirement, I introduced an approach for answering the all-important question, “Can I retire?” The article focused on the first step: Calculating your essential living expenses in retirement. In this article, I am going to discuss the second major phase of the process: Identifying … Read more
Sooner or later, most of us will ask ourselves this question: “Can I retire?” Perhaps because of an unexpected layoff, a health issue, age, or some other factor, we will need to come up with an answer. No matter what the reason or when you decide to retire, you will need to have some idea of … Read more
I get this question fairly often: “When are you going to retire?” Perhaps because I am almost 65 and mentioned that I’m receiving solicitations from Medicare insurance providers in the mail; or, maybe because I’m starting to look my age, I hear it more often than I used to. I usually say that I’m not … Read more
