Optimal Retirement Age Analysis

We believe that when you’re thinking about when you want to retire and some of the trade-offs, it is important to carefully weigh what your goals are in retirement and try to determine how much money you are going to need to achieve those goals.  If you feel comfortable after that planning and that the savings that you’ve generated are going to allow you to do the things that you want, this can be a good foundation to use in your decision-making process as to when to retire. Potential retirees should consider testing and updating their plans using a wide range of market returns assumptions, including rate of inflation and other macro factors. This assumption-testing process can bring to light flaws in a retirement plan while there is still time to take action in advance of retirement. Wharton Wealth Planning can help you develop and put a plan in writing.