[Part 2] The 6 Crucial Questions to Answer Before You Retire by Darrow Kirkpatrick of Can I Retire Yet
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Episode 3639:
Darrow Kirkpatrick explains that a successful retirement depends on more than having enough money, it requires a flexible withdrawal strategy, meaningful ways to spend your time, and a realistic backup plan for financial surprises. He also shares thoughtful advice on leaving your career with professionalism and purpose, helping you prepare for a confident transition into the next stage of life.
Read along with the original article(s) here: https://www.caniretireyet.com/the-6-crucial-questions-to-answer-before-you-retire/
Quotes to ponder:
"You’ve got to revisit your expenses, and your assets, and the state of the world, at least annually. You, or an advisor, must personally “drive” your retirement finances. You can’t just put them on cruise control."
"It is most helpful to long-term happiness if you can identify some retirement activities that are not only fun and recreational, but also creative, productive, and generous."
"It is great to make your own hours, to go on vacation whenever you choose, to catch up on your bucket list and all the things you wanted to do when you were younger."
Episode references:
Reverse Mortgage Information (Consumer Financial Protection Bureau): https://www.consumerfinance.gov/consumer-tools/reverse-mortgages/
Social Security Administration: https://www.ssa.gov/
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