You've Planned for Your Retirement Lifestyle
Yes, hopefully, you've been investing over the course of your work life, whether it's a 401(k), stock investments or other retirement accounts.There are other aspects, beyond the financial, to consider when you're planning for retirement. You'll need to give some thought to your lifestyle and the kinds of things that will make you content in your day to day life. For example, where will you live geographically, and what kind of home do you wish to have? Will you have a support network? This is an important component to happiness as you age. Will you want to pursue particular hobbies that cost money such as golf or might you want to continue earning in some way like consulting or starting your own small business? These are all aspects that will contribute to your decision of whether now is the right time to retire.
You've Considered When to Claim Social Security
You've Crunched the Numbers
These are just a few aspects to consider when it comes to retiring. Thorough research and planning will ensure that you enjoy your golden years.