3 Good Reasons to Delay Your Retirement Past 2022

If your plan is to retire in 2022, you may, at this point, be counting down the days until it's time to tender your resignation. But while you may have your heart set on retiring in the new year, you may also want to postpone those plans if these factors apply to you.

There's no specific amount of money that will guarantee you financial security during your senior years. But as a general rule, it's a good idea to close out your career with about 10 to 12 times your ending salary socked away in a retirement plan. If you're nowhere close, it could pay to delay your workforce exit and work a bit longer to boost your cash reserves.

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Source Fool.com