Real Life Retirement™ Services
Timing when to retire
- Most people don't think about retirement until 50. Start planning early if you can.
- Time your retirement to take full advantage of government programs.
- Spent 30 years planning retirement for others.
- Waiting to retire until both Social Security and Medicare kick in for him and his wife.
- Sought professional advice late.
Harry is still learning after 30 years in the retirement planning field.
"I am a consulting actuary at an employee benefits firm. The average person doesn't begin to think about retirement until age 50. They don't think about saving money, or how much they'll need, until they are close to retirement."
Taking key dates into account when weighing his options for retirement.
"Four years from now, I'll be eligible for the maximum Social Security benefit, so I'll wait at least until then to retire. Another consideration is that my wife won't be eligible for Medicare for six years.
"Over the past few years we've made some plans to get ready. We engaged a financial advisor to make sure we're on the right track. He's helped us focus on more income-producing investments. The only thing I might have done differently is sought professional advice earlier."
Take the Next Step.
Let's talk about the retirement you want.
Call 877-673-7970 for your complimentary retirement consultation.
- Use our retirement calculator to see where you stand today.
We thank Harry for sharing what worked for him. His words have been edited. The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. Examples provided are for illustrative purposes only and not intended to be predictive of future results.
The types of financial transactions mentioned may not be suitable for everyone. Each investor needs to review a transaction for his or her own particular situation. Data contained here is obtained from what are considered reliable sources; however, its accuracy, completeness, or reliability cannot be guaranteed.
All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Examples provided,
including statistical simulations, are provided for illustrative purposes only and are not intended to imply future results you should expect to see. Past performance is no guarantee of future results.