Today’s Hack
Are you nearing “retirement age?” If so, let’s explore that pivotal question you’ll soon face: Should you retire or continue working? We’ll unravel the intricacies of this decision, addressing both financial and emotional aspects, and help you find out if you’re truly ready to retire.
Many individuals approach retirement age with mixed emotions. Some resist the idea of retiring, fearing aging or the unknowns of retirement. Others eagerly anticipate retirement but face financial hurdles. Phil emphasizes the importance of discussing these feelings openly and honestly and shares how having realistic expectations and a trusted advisor can lead to more informed decisions about when and how to retire.
Here are some of the things we’ll address in this episode:
- Common reasons for not retiring [2:03]
- Financially able to retire, but lacking confidence [5:21]
- Ready to retire but not financially prepared [9:10]
If you have any questions about what we discussed in this episode, reach out and we’ll be happy to set up a time to talk.