The Queston of "When"?

Most older adults will rely on their Social Security payments to make ends meet in retirement, but with growing numbers delaying retirement, when is the right time to start drawing benefits? The answer varies based on many factors, including your marital status and additional retirement savings. Before you cash your first check, consider these factors:

Living With Uncertainty - Practicing Patience

If you’re investing in the stock market or another money market, you need to be comfortable with uncertainty, but even more important, you have to be willing to wait. While some day traders maketheir money on small fluctuations within the market, the majority of individuals will spend months or even years holding the same stocks. This approach sets you up for the greatest gains and allows you to apply your long-term understanding of financial trends. In the long game, you’re in control.

Retirement is a major life milestone and it’s harder to achieve than ever; older workers make up the largest portion of employment growth since 2000. If you’re preparing to leave the workforce, then, it’s more important than ever that you and your spouse are on the same page, so before you give notice, it’s time to have a sit-down. You need to see eye to eye on these three factors before you take further steps towards retirement.

A Question Of When