Are you ready to retire?
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A B C D E
1 At what age do you plan to retire? How much have you saved for retirement so far? How much do you save annually for retirement? Have you calculated how much money you will need for retirement? Do you have a clear plan for healthcare in retirement? What is your current level of debt? Do you have an emergency savings fund? What percentage of your income comes from investments (stocks, bonds, real estate, etc.)? Are your investments diversified to protect against market volatility? What kind of lifestyle do you expect in retirement? Your score What is your current age? How do you plan to spend your time during retirement?
2 50-60 A moderate amount A significant amount I’ve calculated how much I need, factoring in inflation and other considerations I have a comprehensive plan for healthcare, including long-term care I am debt-free and have no liabilities 6-12 months of expenses 25-50% I am moderately diversified across asset classes I plan to live comfortably with some luxuries 40 40-49 I plan to start a business or part-time work
3 60-70 A small amount A small amount I have a rough estimate but nothing specific I plan to rely on Medicare I have some debt (less than 50% of my income) 3-6 months of expenses Less than 10% I only have a few stocks or one investment type I expect to downsize and live frugally 30 50-59 I plan to rest and relax at home
4 40-50 A large amount A large amount I’ve worked with a financial advisor to develop a detailed retirement plan I’ve researched options like health savings accounts (HSAs) and long-term care insurance I’m actively working on reducing my debt More than 12 months of expenses More than 50% My investments are well-diversified across sectors, asset classes, and global markets I want to travel and enjoy an affluent retirement 50 40-49 I plan to volunteer, travel, or engage in social activities
5 I’m not sure yet I have not started saving yet I have not started saving yet No, I haven’t calculated it No, I haven’t thought about healthcare I have a lot of debt (more than 50% of my income) No None No, I’m not invested in anything yet I expect to live modestly with limited expenses 20 Under 30 I’m unsure, but I want to have a flexible lifestyle
6 40 or earlier A substantial amount A moderate amount I have a detailed estimate based on my current lifestyle I have a savings cushion for healthcare, but no specific plan I have minimal debt Less than 3 months of expenses 10-25% I have some diversification, but I am mostly in one sector I expect to maintain a similar lifestyle to my working years 35 30-39 I plan to engage in some hobbies and stay active
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These reviews are reproduced without modification from Google Workspace Marketplace.

December 18, 2023

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August 15, 2023

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April 15, 2024

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June 30, 2023

5 stars

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June 6, 2023

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