QUIZ: Are You Ready To Retire at 60?

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From $107.88 $24.99Subscribe to KiplingerFind out if you're ready to retire early with our quick quiz. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.You are now subscribedYour newsletter sign-up was successfulWant to add more newsletters?Delivered dailyKiplinger TodayProfit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more delivered daily. Smart money moves start here.Sent five days a weekKiplinger A Step AheadGet practical help to make better financial decisions in your everyday life, from spending to savings on top deals.Delivered dailyKiplinger Closing BellGet today's biggest financial and investing headlines delivered to your inbox every day the U.S. stock market is open.Sent twice a weekKiplinger Adviser IntelFinancial pros across the country share best practices and fresh tactics to preserve and grow your wealth.Delivered weeklyKiplinger Tax TipsTrim your federal and state tax bills with practical tax-planning and tax-cutting strategies.Sent twice a weekKiplinger Retirement TipsYour twice-a-week guide to planning and enjoying a financially secure and richly rewarding retirementSent bimonthly.Kiplinger Adviser AngleInsights for advisers, wealth managers and other financial professionals.Sent twice a weekKiplinger Investing WeeklyYour twice-a-week roundup of promising stocks, funds, companies and industries you should consider, ones you should avoid, and why.Sent weekly for six weeksKiplinger Invest for RetirementYour step-by-step six-part series on how to invest for retirement, from devising a successful strategy to exactly which investments to choose.Have you met your retirement savings goal and feel ready to retire at 60? You're not alone. Thanks to a more than decade-long bull run in the stock market, many Americans have reached their targets ahead of plan and are gearing up to retire.They have the cash and are excited to pursue their passions, volunteer, start a new career, or simply take it easy. Those who are successful at it understand that retiring at 60 requires a lot of planning — from how they manage their money to how they pay for health care (Medicare doesn't kick in until 65), to what they do with their time.After all, if you retire at 60, you have many years ahead to live off your savings. Without a withdrawal strategy, you could end up running out of money. The "Best of Both Worlds," "Take That Uncle Sam," "Permission to Spend," and the "Pay Yourself" rules are withdrawal strategies worth checking out.Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special IssuesProfit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.Profit and prosper with the best of expert advice - straight to your e-mail.Even if you have a financial strategy, you need a plan for your time, particularly if your self-worth is tied to your career. Too much idle time can be a recipe for disaster.Sixty is a great age to retire if you are ready. To make sure you are, take our quiz.Subscribe to the Retirement Tips newsletter, your guide to planning and enjoying a financially secure and richly rewarding retirement.Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.Donna Fuscaldo is the retirement writer at Kiplinger.com. A writer and editor focused on retirement savings, planning, travel and lifestyle, Donna brings over two decades of experience working with publications including AARP, The Wall Street Journal, Forbes, Investopedia and HerMoney. Kiplinger is part of Future US Inc, an international media group and leading digital publisher. Visit our corporate site. © Future US, Inc. Full 7th Floor, 130 West 42nd Street, New York, NY 10036.
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