{"id":132760,"date":"2023-05-23T12:34:18","date_gmt":"2023-05-23T12:34:18","guid":{"rendered":"https:\/\/businessyield.com\/?p=132760"},"modified":"2023-05-26T11:02:18","modified_gmt":"2023-05-26T11:02:18","slug":"when-to-retire","status":"publish","type":"post","link":"https:\/\/businessyield.com\/bs-personal-finance\/when-to-retire\/","title":{"rendered":"WHEN TO RETIRE: Guide on Retirement for Social Security, Men & Women","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"

Most individuals think of retirement as being centered on having a big dollar amount and a particular age. However, only a few individuals recognize that retirement goes beyond just having a huge amount of dollars in their account and reaching the ideal retirement age. Retirement is much of an emotional transition. It is clearly a journey that includes different steps that must be well followed. It could make sense to retire now or later. However, it depends on your goals, lifestyle, needs, and financial situation. This piece will explore everything about when to retire from Social Security, how to know when to retire, and the best age to retire for a man and also for a woman.<\/p>

What is Retirement<\/span><\/h2>

Generally, retirement means retiring before the normal or at the full-time retirement age. In other words, it is the action of leaving your job permanently with different sources of income to sustain you till the end of your life. <\/p>

When to Retire<\/span><\/h2>

It will make sense to either retire now or later, which one you decide on is up to you and your choice to make. There is literally no particular, specific, or magic formula for finding when an individual can retire. Research has shown that the typical or ideal time for retirement is at the age of sixty-five and sixty-six for most individuals. Finding the perfect time to retire depends on the above:<\/p>