4 ways to tell if you’re financially ready for retirement

Do you have enough money to retire? That’s not an easy question to answer, but there are some ways to tell if you’re on track. Experts like to use the following methods to determine if you have enough to fund your desired lifestyle.

Crunch the numbers. Map your projected income — from personal assets, earned income, pensions and Social Security — against projected expenses. This is perhaps the most accurate way to determine whether you’re financially ready. But it will require more than a weekend of number crunching.

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Damian J. Sylvia 

Retirement Income Solutions

220 Monmouth Road

Oakhurst, NJ 07755