Kiplinger

How to Know When You Can Retire

See if you can relate to this … You have contributed to a 401(k) or other employer-sponsored account at work, maybe you’re paying extra on the mortgage or have already paid it off, you keep cash on hand for those unexpected expenses or upcoming big-ticket purchases and you often wish there was a way to pay less in taxes.

You have worked for 30 or 40 years and are at or approaching Social Security eligibility and are now looking at when to take Social Security to maximize your benefits.

Sound familiar?  Now, here’s what often comes next … You look at the account statements and begin to wonder whether the investments you have are the right ones to own for whereAnd then it happens, you begin searching the internet for answers.  (That may even be how you ended up here!)  After a lot of searching and reading you realize that there are just too many opinions to choose from, and you resort to simply eliminating options that you’re not as familiar with or have heard negative things about.  Then you take what’s left and try to put together a coherent strategy while continuing a search to find information that supports what you have contrived.

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