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Deciding When to Retire - When Timing Becomes Critical
Deciding when to retire may not be one decision but a series of decisions and calculations. For example, you’ll need to estimate not only your anticipated expenses, but also what sources of retirement income you’ll have and how long you’ll need your retirement savings to last.
Each of these factors may affect the others as part of an overall retirement income plan. In this report, we go over some tips that may help you while planning for your retirement.