Retire Today: Plan, Implement, Enjoy

Retire Today: Create Your Retirement Master Plan in Five Simple Steps by Jeremy Keil offers a practical approach to retirement planning, emphasizing the importance of having a clear plan for spending your retirement funds. Keil advises preparing for retirement earlier than anticipated, as the average person retires three years earlier than planned. He introduces the retirement longevity number, a personalized figure that combines your planned retirement age, life expectancy, and estimated annual spending in retirement. Keil also suggests delaying Social Security benefits until age seventy to receive larger monthly checks for life. His philosophy, encapsulated by the acronym PIE (plan, implement, enjoy), focuses on maximizing long-term benefits and enjoying retirement without the demands of a job.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.