Deciding when to retire is one of the most important personal choices many of us will ever make. And it can be a difficult decision. Many people have an age in mind by which they want to retire, but there are many variables to consider. Many of us are living longer than our parents, no longer have access to traditional retirement funding options (such as pensions), and have new opportunities in terms of where and how to enjoy our retirement years.
At Kindur, we generally favor a conservative approach: only retire once you’re on a clear path to meet your financial goals. This might mean working part-time before beginning your full-time retirement, working longer in your career, or re-adjusting your expectations around spending in retirement.