When is a good time to retire?

[True Believer]

It has been said that we should retire when we have achieved financial independence, paid off debts, secured adequate healthcare and have a sound plan for our retirement lifestyle, which is a personal decision based on our goals. We must consider our desired lifestyle, estimated expenses, health and life expectancy to determine the best time to leave full-time work. Please share your thoughts about when to call time on your career.

 

[True Believer]

Patient: "I am here for my medical review. I just retired after working for 40 years."
Doctor: "You need to sell your car and take public transport. In fact, try to walk more. Please eat less meat and more vegetables. It is also better to eat less at hawker centres and restaurants. Have more meals at home. Try not to go out too often."
Patient: "My medical test results must be really bad. What exactly is wrong with me."
Doctor: "You no longer have an income."