Freddy the Fireman seeks advice...
So... i find myself on the verge of retirement.
I work a physically demanding job, and have the opportunity to retire in 3 months, or in 3 years.
If i retire now I'll have a comparable standard of living moneywise, between savings and pension, but i worry inflation could eat me alive if it heats up.
If i wait, the difference in my pension would make for a nice inflation hedge/cushion.
Weighing on my mind is the adage, life is short. A number of friends and coworkers had a very brief time before illness or death ended their dreams of retirement.
More money in retirement would allow for more travel, ect, ect...
I'm in decent condition for 56yrs old. Though I need to lower my cholesterol and blood pressure, and exercise more. I'm single, (divorced) with no dependants.
So...in the absence of a crystal ball, I'd love to hear from those who have made the leap.
Freddy the fireman
Wendy's other site... because Aging Matters!