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Is There a Best Month to Retire?
Manage episode 399910084 series 3378480
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When it comes to retirement planning, many people think about what year they’d like to retire. But choosing the optimal month to retire is just as important. In this week’s episode, we’ll discuss some important things to think about when it comes to finding the ideal timing for you.
From financial factors like bonuses and stock options to strategic retirement income planning, tax implications, and emotional aspects, there’s more to consider than you might think. Don't miss this episode for important insights on aligning your retirement with your personal and financial milestones. Tune in to learn more, so you can retire on your best path!
Here’s some of what we discuss in today’s show:
- Some financial reasons to consider the timing of your retirement, including bonuses, stock options, vacation days, and the impact of healthcare costs
- Retirement income considerations, such as Social Security, earning service credits, and pension benefits
- Tax considerations + strategic timing when choosing a retirement date
- Emotional factors in retirement planning, like personal milestones, family considerations, and fulfilling your retirement dreams
- Having a well-planned and strategic approach to retirement that allows you to retire confidently
If you are interested in learning more about how we could help you plan for retirement, contact us here: https://www.bestpathadvisors.com/contact
Check out Liz's YouTube Channel: Best Path Advisors - YouTube
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