Like most folks, you still have a bit of work to do before you'll be ready to retire. But don't fret, with a number of simple changes you'll be able to think seriously about ditching your day job at some point in the future.
Get on track with a retirement plan, including an estimate of how much you'll need to save for a comfortable retirement.
And don't forget to think about your lifestyle, not just your finances. After all, more than anything retirement is about enjoying life.
Like many Americans, you need to do a better job of planning--and saving--for retirement. You've probably thought about some of the important aspects about retiring. Now, it's time to put those thoughts into action.
Even if your retirement is years away, some advance planning now will help you evaluate your current savings, estimate how much you'll need to save for a comfortable retirement, and possibly remedy any potential income shortfalls.
And don't forget to think about your lifestyle, not just your finances. More than anything retirement is about enjoying life.
Good job--you're likely to be retirement ready in the very near future. You may not have enough money saved yet, but you understand the importance of having a written plan and saving now to fund your retirement in the future.
You've probably put some serious thought into how you'll protect yourself from rising health care costs and understand the importance of having hobbies and volunteering in your community.
With a little more work, you'll soon be scoring close to 100% on the Retirement Readiness IQ Quiz.
Congratulations! You have a high retirement readiness IQ, scoring well on most factors for retirement readiness. You likely have a good handle on how much money you need to save for retirement and may already have a sizeable nest egg.
Of course, retirement is about more than just money. You’ve put some thought into the non-financial aspects of quitting your day job—such as where you will live, what you will do, and how you will be remembered.
You understand that more than anything retirement is about enjoying life.