Comments on: Five Signs of Being Prepared for Retirement http://gotoretirement.com/2010/04/signs-prepared-retirement/?utm_source=rss&utm_medium=rss&utm_campaign=signs-prepared-retirement A Baby Boomer's Journey from Retirement Planning to Retirement Living Mon, 21 May 2012 17:39:02 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Dividend Lover http://gotoretirement.com/2010/04/signs-prepared-retirement/comment-page-1/#comment-2405 Dividend Lover Mon, 12 Apr 2010 16:44:40 +0000 http://gotoretirement.com/?p=4824#comment-2405 one test I like to use is to pretend my salary does not exist. to answer can I retire now? take your salary and put all of it. into a savings account. yes all of it don't say these costs won't exist when i quit, cause thats your safety margin. if you can keep that up for 6 months. then you are ready for financial freedom. and you've put aside a nice emergency fund. which you should have anyway. one test I like to use is to pretend my salary does not exist.

to answer can I retire now?

take your salary and put all of it. into a savings account.

yes all of it don’t say these costs won’t exist when i quit, cause thats your safety margin.

if you can keep that up for 6 months. then you are ready for financial freedom. and you’ve put aside a nice emergency fund. which you should have anyway.

]]> By: Brian http://gotoretirement.com/2010/04/signs-prepared-retirement/comment-page-1/#comment-2396 Brian Wed, 07 Apr 2010 04:04:05 +0000 http://gotoretirement.com/?p=4824#comment-2396 Question 2 should be you "Don't need SS" Question 2 should be you “Don’t need SS”

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