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The Magic Formula for Answering the “When to Retire” Question
The sad truth is that there really is no such “magic formula,” at least according to an article by Alyssa Place, Executive Editor at benefitnews.com. As explained in her article, the key to answering the question for most people lies in the planning side of the equation. Quoting Denny Artache, president and CEO of financial advisory Artache Financial, Ms. Place notes “It takes planning and realistic expectations.” Further, her post stresses the importance of doing this planning and developing these expectations well ahead of the point of entering the retirement life phase. Her post concludes with thoughts on steps to consider in developing your own formula. Check her post here…