February 25, 2010

Last time we walked you through the 3 steps to a well-planned retirement. Today we continue the list with 4 more ways to ensure you're ready to retire:

  1. What is the status of any pensions you might have? How much will they pay you? When are you eligible to start drawing on them?
  2. Analysis of debt. How much do you have? Are you able to eliminate any of it?
  3. Health Coverage. Are you covered? What effect will retiring have on this coverage? How much might a change in coverage cost?
  4. What are you going to do with your time?
Having the answers to all or even some of these questions might make you a little more comfortable in knowing that you are making a decision you can support, and ultimately the right decision for you.

Steve Hicks & Mike Fahey

(This article contains the current opinions of the author but not necessarily those of Brighton Securities Corp. The author's opinions are subject to change without notice. This blog post is for informational purposes only. Forecasts, estimates, and certain information contained herein should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. References to specific securities and their issuers are for illustrative purposes only and are not intended and should not be interpreted as recommendations to purchase or sell such securities).