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The “Retirement Readiness” dilemma: Some signs to watch for.
The decision to step away from a lifetime career, or even from a more recent job change, is a significant milestone—no question about that. There are many competing thoughts that make this decision anything but easy. So, if you’re at that point in life, or if you’re getting close enough to that point to think about it, what do you consider? That’s the subject of a moneywise.com post by freelance writer Jessica Wong, titled “These warning signs say it’s time to retire, and the risks of the ‘one-more-year’ trap may surprise you. So what should you do?”
Ms. Wong addresses the financial aspects of retirement preparation, as well as the emotional and social readiness factors that should be considered before “pulling the plug.” Her post also includes a checklist of 10 “warning signs” to help you assess your readiness to enter that phase of life.