Readers and friends often ask me about the retirement decision-making “process.” How do you prepare, a year out, 6 months out, 3 months out? Do you need a written plan in advance? What about contingencies? Do you just pull the plug, or is there a more systematic way? When is it really safe to leave?
I’d be stretching the truth to say that I followed a meticulous, step-by-step approach to my own early retirement. Yes there were benchmarks and milestones that I observed. There were critical tasks I knew I had to check off. But at the time it wasn’t a perfectly integrated process.
Now, in retrospect, I can see that it was all about answering a half-dozen key questions. So, here they are for your benefit in thinking through the biggest financial decision of the rest of your life….