Deciding if you have enough money to retire can be daunting, but asking the right questions can help guide your decision. A recent CNBC article highlights three critical questions to consider.
First, ask yourself how much you’ll need for basic living expenses. This includes housing, food, healthcare, and other necessities.
Next, consider your potential healthcare costs. With rising medical expenses, it’s crucial to have a plan that covers long-term care and insurance premiums.
Lastly, think about your lifestyle—will you have enough saved to maintain the standard of living you want?
By carefully evaluating these factors, you can get a clearer picture of your retirement readiness and plan accordingly.
Are you confident you have enough to retire? Share your thoughts with us!
Here’s another question to ask before retirement – will your Social Security benefits be there? Help ensure they are by signing our petition today.
