Am I Ready to Retire?
Joel Johnson, CFP® talks about retiring, how to begin planning for it, and more on this episode of Better Money Boston on WCVB Channel 5.
Retirement planning does not have to be complex; start by sitting down with a pen and piece of paper, think about what your dreams and goals are, and go from there. Once you establish your goals, you can then get down to the details. Bringing in a financial advisor is beneficial at this stage. A good financial advisor will help you determine if you can achieve your dreams by helping you uncover what your expenses will be.
There are four questions to ask when determining if you are ready to retire:
- How will I maintain health care?
- How much will I need for yearly expenses?
- What are my income sources?
- Am I emotionally ready to retire?
Information presented in our podcasts is considered current as of the created date. Over time, some information presented may become stale. We recommend you consult with your Financial Professional before making any changes based on information contained here.
Johnson Brunetti is a marketing name for the businesses of JB Capital and JN Financial.
Investment Advisory Services offered through JB Capital, LLC. Insurance Products offered through JN Financial, LLC.
The guarantees provided by any type of insurance contract are based on the claims-paying ability of the insurance company.
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