Type of Content: News
Resource Title: New Guide: How to Time your Retirement
Publication Title: Retirement Revised
Publish Date: February 21, 2020
“Why a guide on the timing of retirement decisions? Simply put, this can be a really important inflection point for your financial success in retirement, so it’s worth thinking about carefully.
The last years of work usually are peak earning years. And working even a few years more years – or less – will impact your retirement math significantly. Your timing affects the number of years that you’ll rely on savings to meet living expenses. It impacts the number of years that you can contribute to retirement saving accounts. And perhaps most important, working longer helps sets the stage for a delayed Social Security claim. That’s because it provides the income you need to meet living expenses while you wait to file.”
Resource URL: https://bit.ly/37S7PyD