There’s retiring, and then there’s retiring. It’s a simple (if not easy) enough matter to quit your job and live off your savings. But there’s much more to the equation.
Many of the site’s writers & readers are retired or close to it, & that’s reflected in the articles we publish & the comments that readers post. I’ve learned so much from both.
Plan for long-term care (LTC), but don’t necessarily buy traditional LTC insurance. James McGlynn has written about his preference for hybrid LTC policies.
If you take Social Security at, say, age 63 or 64, you might fall far short of maximizing your benefit, especially if your life expectancy is better than average.
Like international travel, the idea of moving grows less appealing as we age—and, if we wait too long, we may find ourselves in a home that’s difficult to maintain and navigate.
Time is more valuable than money & that means good health is priceless. As I’ve grown older, I’ve come to appreciate how precious time is. But to get the most out of that time, we need good health.