Tom Toggas shares some tips on when business leaders may be ready to enter the next phrase of their professional life and enter retirement.

1. retire
How To Know It Is Time To
Tom Toggas shares 6 tips to help identify
the best time to being the next phase of
your professional life.

2. You are emotionally prepared and
excited to retire.

3. You have followed a long-term
retirement budget.

4. You have confirmed and cemented
your healthcare coverage.

5. You have resolved all your
outstanding debts.

6. You are confident your children
are financially independent.

7. Your portfolio is diverse and considerable
enough to withstand a loss.