Retirement can be a hugely painful and emotional transition. You’ve spent your entire life earning money, and now you must turn off the tap and live off only what you have accumulated. Will it be enough? Will you be able to live the life of your dreams, or are you at risk of running out of money? Can you afford to accomplish your bucket list? On the other hand, can you really afford not to? (After all, you don’t want to be the richest person in the graveyard!)
Of course, retirement is about so much more than just the money. How will you spend your time? Will you be living out a boring, broke, and brief retirement because you don’t have the health or the balance of activities to facilitate something better?