8 Questions to Ask Yourself Before Retiring

How Much Cash Flow Do I Need for My Desired Lifestyle?

After you’ve considered your vision for retirement and calculated your expenses, you should come up with the ideal amount of money you would need coming in to support that lifestyle. Palmer says every prospective retiree should ask themselves this crucial question: If you were to retire today, what check would you like to see in your mailbox each month?

“Once we know that number, we work out if... more 

How Much Cash Flow Do I Need for My Desired Lifestyle?

After you’ve considered your vision for retirement and calculated your expenses, you should come up with the ideal amount of money you would need coming in to support that lifestyle. Palmer says every prospective retiree should ask themselves this crucial question: If you were to retire today, what check would you like to see in your mailbox each month?

“Once we know that number, we work out if that lifestyle is plausible,” she says. less