The Retirement Newsletter: When should I retire?

Issue Number: -35 — Five reasons to retire as planned and five reasons to delay

Photo by Eric Rothermel on Unsplash

Welcome

Welcome, to issue -35 -when should I retire?

This seems like an easy question, but I am wondering if I have it right as I get closer to the date — only 35 weeks to go. Yes, it is another wobble.

Retirement Date

I am not a financial advisor. I am writing about what I have read over the years about money and preparing to retire. What follows is not financial advice.

How did I determine the date on which I would retire? Well, the big deciding fact for me was money. When would I have enough to retire?

Early on in these newsletters — August 2021 in Issue Number: -126 — What will be your type of retirement? — I defined three levels of retirement:

• Essential — what is the minimum amount of money you need to survive? To live? To get by? Not the most comfortable way to be retired, but at least you can be retired and have some freedom, albeit limited by money.
• Moderate — a comfortable retirement. A retirement where you are not overly limited by money. A retirement where you can travel and do things you want to do.