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How Do You Know When to Retire?

How do you know when to retire?  To be truthful, I do not know as it is always a very personal and complex decision.  Still, how do you know?  Well, there is some help.  Last year, the the Stanford Center on Longevity posted a white paper that provides a systematic approach to help guide the decision.  Per the the Center: "The goal of this paper is to present a systematic framework for organizing, evaluating, and understanding the numerous factors involved in retirement decisions." The paper is only 14 pages and while written for advisors it is very readable.  You can find the white paper here: The Decision to Retire



Photo: August 2016 by KWR, The Philippines