10 Signs You're Ready To Retire

Came across this article in MoneySense that list 10 quick signs that you might be financially stable enough to retire.

Here's the list:

  1. You own a paid-for home
  2. You have a work place pension plan
  3. You're 65 and qualify for CPP, OAS, and possibly GIS
  4. You have $700,000+ in savings
  5. Your children are financially stable and independent
  6. You've test driven a realistic retirement budget
  7. You can weather a market downturn
  8. You have varied sources of income
  9. All your friends are retired
  10. Your job is affecting your health

Now everybody is different and this isn't the be-all-end-all of things to consider.  But it does give some important things to consider if you are thinking of retiring.

For the complete article CLICK HERE