Is the Age of Retirement Changing? (Mini-Episode)

Yes, a lot of people are looking to work at least until 65, but
many are planning for 70. This common thought is based a lot on
the crash and thinking how they can meaningfully reach what they
need.


 


A lot of people assume they have to keep going forever. 
Despite the common belief, **** that isn't true
unless you've run some actual tests!


 


The only way to know what your exact retirement will look like is
to plug your information into some of our predictive tools
 to create a full picture of your plan in its reality.


 


We walk through a process that uses a software using historical
norms over the past 70 years and allows us to change variables
and factors in real-time.


 - How does retiring at 65 or 67 appear?


 - What will working part time look like in retirement?


 - How will inflation impact your plan?


Now, time for a little true or false. I recently had a client
that was strongly considering working an additional three years
before retirement. 
So, True or false, does extending your career by a few years
strongly benefit your retirement? Answer: it depends
entirely  on your situation. 

For this specific client, it turned out that working an extra
three years made no impact on his savings before retirement. That
was incredible for him to consider. Why work until you are 67 if
you can retire comfortably at 64? The only way of knowing
how your retirement will play out is to make an honest
assessment, using tools that give you **flexibility and
options. **