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Retirement & Planning

Real Life Retirement™ Services

Timing when to retire

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Harry L., age 63
Dunwoody, Georgia
Not retired
Married, three daughters
"The only thing I might have done differently is sought professional advice earlier."

Harry's Tips

  • 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.

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