Are You Ready for Retirement?
-
I dream about my retirement all the time.
True / False -
I know exactly what I want to do when I retire.
True / False -
I will not mind being confined to my home with a broken foot, with no Internet, Blackberry or any other way to connect to my work available.
True / False -
I have interests outside of work that consume my free time.
True / False -
When asked “Who Am I?,” my answer is my designation.
True / False -
My closest friends are competitive and work-driven.
True / False -
I find myself upgrad- ing my phone, laptop and car regularly.
True / False
Scoring:
- True = 10; F = 0
- True = 10; F = 0
- True = 10; F = 0
- True = 10; F = 0
- True = 0; F = 10
- True = 0; F = 10
- True = 0; F = 10
Add up your points to get your total score. Below is what your score says:
50 or more: Your mind is ready for retirement, but you just need the money to be able to disconnect the always-on switch.
30 to 50: You are halfway there. Look carefully at the questions where you scored a zero to understand where you have mental roadblocks to retirement.
20 or less: You seem to be enjoying the work you do, so you have a long way to go before you can give up your BlackBerry!
When Will You Retire?
These statistics provide you with an average age of when individuals retire.
Under 60 30%
60 – 61 14%
62 – 63 15%
64 – 65 16%
66 – 67 14%
68 – 69 3%
Over 70 5%
Questions and statistics submitted by Shahi Sharma, Financial Planner. Mr. Sharma owns a financial planning and consulting business in Atlanta, Georgia.
