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Reply to "Is retirement an age or an asset number for you?"
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[quote=Anonymous]It's everything, and also health condition and family situation (being a caretaker or having kids who need help). Sometimes you just cannot work full time, which is what is required in many fields and also to qualify for discounted health insurance. Sometimes people are forced to retire especially at a certain age when employment in their field is hard to find and it's hard to keep up with younger workers and they are laid off. Overall, from retirement common sense perspective it's definitely a number, because there is a certain income and NW that can pay all your expenses and guarantee you survive given you aren't invested in risky assets or something major (like a crash) doesn't happen. [/quote]
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