Is There a Right Age to Retire? [The Motley Fool]
Willis Towers Watson Public Limited Company - Ordinary Shares (WLTW)
Last willis towers watson public limited company - ordinary shares earnings: 4/30 06:01 am
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Source: The Motley Fool
What's the right age for you to retire? Answering these five questions will tell you. In the U.S., almost 40% of workers expect to work past 70, according to a Willis Towers Watson survey. Yet 63 is the average age of retirement. Sometimes, retirement comes involuntarily because you can't find a job, or can't work any more for health reasons. If you're able to choose when to retire, however, you'll have to determine the right age. Unfortunately, that's not an easy question to answer because the choice is different for everyone. There is, however, a way to determine what the right age to retire is for you : It's the age when you're financially and personally ready to leave the workforce for life. How can you figure out what that age is? Ask yourself these five questions. Image source: Getty Images. 1. How many years have you worked? If you have a defined benefits pension plan provided by your employer, you may have to work a certain number of years to earn y
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