When Should I Retire?

Here’s a link to a thoughtful piece from the Society of Actuaries helping all of us think through a major decision: when to retire.

When Should I Retire

The examples in the article include illustrations of the use of an immediate annuity (one that pays you monthly income at retirement age) to generate retirement income. That may or may not make sense for your situation, but that’s all a part of answering the “when-to-retire” question. Maximizing your retirement readiness means thinking through many possible scenarios.

Do you think you’ll use immediate annuities when you retire? Why or why not??


About Mike Wilson

Michael L. Wilson, MBA, CFP®, CRC®, is the owner of Integrity Financial Planning. Prior to founding Integrity in 1998, he worked for two years as a faculty member at the College for Financial Planning in Denver, training other financial advisors. Mike has 10 years of experience in the mutual fund industry, having worked with Fidelity Investments and Invesco Mutual Funds. He holds an MBA in Finance from Baylor University. Learn more about his work at www.integrityplanner.com.
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