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  • When should one retire from work

    • What is the best age to retire for a woman...

    How To Tell Whether It's Time To Retire

    Deciding when to retire is one of the most difficult career decisions a worker can make. Employees are often earning their maximum income at the point of retirement, so the financial implications of retiring too early can be profound.

    7 signs it's time to retire

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  • Ideal retirement age is 57
  • When should i retire quiz

    • Careful planning about the transition from full-time employment to retirement can enhance your chances of making a smooth adjustment. There are many elements to consider before making a final decision.

    Before you decide to retire, consider your:

    • Job satisfaction
    • Physical/mental ability to work
    • Financial stability
    • Health care coverage
    • Life satisfaction

    Key Takeaways

    • Retiring too early can have serious financial consequences, especially if you are not yet eligible for Medicare or Social Security.
    • Plan to save at least eight times your salary by age 60, and at least 10 times your salary by age 67.
    • Budget for health care costs; the average couple who is now 65 will need $295,000 to cover medical costs in retirement.
    • Many retirees start with a "soft" retirement, in which they scal

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