Anyone not want to retire?
Most folks goal, seems to be, to retire as soon as possible. It has been my experience, that, for many folks retiring was the greatest thing they ever did. But for others it is the worst thing they ...
Forum Discussion
dreamrver wrote:
hi all you great folks, I am 50 years young my ? to all is how did you know when you had a enough money to retire seems everything I read you need so much money that it is not ever going to be possible, in real life how much is needed to retire. maybe at 55 ???
First, you have to reduce your debt. When I retired, the only debt we had, was our mortgage.
I was also told that, when my pension estimate, exceeded my regular take home pay, then it's probably a good time to retire.
so, when I retired, only debt was mortgage and my pension was higher than my take home pay and I also had an IRA.
So we aren't rich but we should be comfortable.
