Finding your retirement age

Deciding when to retire might be one of the biggest decisions you ever make. I want to share with you factors to consider whether you are retiring soon or down the road. How much have you saved? Many of us count on Social Security benefits for our retirement income. So, maximizing the benefits you have coming is important. You also have to look at 401(k) accounts, IRA’s and any other retirement savings you have, and will there be enough to carry you all the way through your retirement. Having an account that offers lifetime income might be a good fit for you.  Next you should consider your health and the cost of health care too. There are benefits to working longer if you can, but as you decide “when” to retire your health is crucial to that decision. And finally, what are your goals in retirement? Don’t overlook this consideration and just pick a date to retire. Many people want to travel just keep in mind travel costs money. Having a plan and finding a way to reach your goals is the difference between a so-so retirement and an awesome one.