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Ask Paula: How Do I Know If I’m Ready to Retire?

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<p>#330: Linda is 58 and wondering how to account for her Social Security benefits when thinking through the 25x expenditure equation. Her expected expenses are $100,000 - $150,000. How can she figure out if she’s ready to retire?</p><p>Alise has dreamed of living abroad for long periods of time and wants to buy a property in Portugal before the minimum spend requirement increases. Should she go through with this, or is there another way to gain dual citizenship or travel abroad for long periods of time?</p><p>An anonymous lawyer from Colorado has $250,000 in a SEP-IRA account that’s inve...
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