Make a Plan and Know When its Time to Retire [Video]

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How will I know when it’s time to retire? This is one of the most common questions Kerry Anderson of Anderson Wealth and Retirement receives. There are many factors that impact the decision on when to retire.

“We pride ourselves in doing a detailed analysis,” said Anderson. “There’s no guesswork here. We do what we can to help people feel confident in the timeframe that they want to retire.”

Factors that should be considered include: rates of inflation, life expectancy, reasonable rates of return and how to strategically take money out of IRAs and other retirement or non-retirement accounts. Anderson says they help make sure people do not outlive their money.

“You definitely should be thinking …