Think you’re ready to retire? Don’t make the leap until you’ve hit these 6 key milestones

Most people spend countless hours of planning to retire before the big day arrives. After all, it is not always easy to feel confident before leaving the workforce and entering your golden years.

Take into consideration, here are six landmarks with bitterness you should aim to feel confident in your retirement plan.

One of the biggest concerns related to retirees is whether they have enough money to survive without salary.

Financial advisors often cite a “base 25”, which stipulates that you can expect a comfortable retirement if your assets are worth at least 25 times your annual expenses. However, the thumb base does not guarantee this amount that you can spend every year, or the amount of income that your assets will generate realistically every year in retirement.

It is better to consult a professional financial advisor who can help you create a customized plan that represents your income, investments and expenses. The financial consultant can also help you change your plan or adjust it after retirement.

The debt without employment income is often not retired, and unfortunately, many retirees live with this unpleasant burden.

According to a survey conducted by national debt relief, 72 % of Americans over 55 years old have accumulated some debts, with more than half of them recognized that they were “hindering them” in life.

With this in mind, you should plan to get rid of your non -judicial debts or reduce it before retirement.

One of the reasons why many elderly people suffer from debt due to unexpected medical expenses. The National Definition of National Debt has found that nearly 17 % of the elderly have an average of $ 9,144 of debt due to the due medical bills.

Do not reduce the cost of medical bills in your upcoming years. With this in mind, it would be wise to develop a strong plan to deal with these medical costs before retirement.

Read more: Larry Fink, CEO of Blackrock, has an important message for the next wave of American retirees – here is the best thing he says you can overcome the retirement crisis in the United States

If you have enough assets to retire, you may have something to leave behind your heirs after your departure.