Today, Tommy Cloud and Jon Gay discuss the best time to retire. Now, everyone's individual situation is different, but most people come into the office at Third Act Retirement with these kinds of questions:

  • Do I have enough money to retire?
  • When should I retire?
  • When should I stop working?
  • What do you think is the best time for me to retire?
  • How much longer do I have to work?

Often Tommy will have questions for those clients, such as:

  • How old are you now?
  • How much money do you have saved currently?
  • What will your Social Security income be?
  • What type of retirement do you want to have?
  • What is going to be your budget during retirement?
  • How long do you anticipate living? What's the longevity in your family?
  • What are your goals during retirement?
  • How much do you plan on traveling?
  • What kind of house are you going to live in, and what kind of car will you drive?
  • How often are you going to eat out?
  • Are you going to be a member of a country club?

In today's podcast, we walk through the factors that go into answering one of the most important questions of your life: when to retire. Tommy shares examples from clients all across the spectrum to help get you thinking about how to answer this question for yourself.

For more on this topic, read more in Tommy's blog here: https://thirdactretirement.com/blog/best-time-retire

To contact Thomas Cloud at Third Act Retirement, or to set up a 20 minute, no obligation call:

Email Tommy: Thomas@thirdactretirement.com

Visit the Website: https://thirdactretirement.com/

Or simply call: (770) 971-2888 or 1 800-917-5016.