As the decision to retire approaches, you’ll find the choice of when to retire is rarely black and white. Retirement- as you define it- is a personal blend of lifestyle expectations, health and financial confidence. According to the US Department of Labor, fewer than half of Americans have an estimate of how much they need with their retirement savings.1 That’s a scary fact considering the average American will spend 20 years or more in retirement. The US Department of Labor also estimates 30% of private industry workers who have access to a defined contribution plan (such as a 401(k) company plan) don’t participate.2 But you can be better than that. Asking the right questions about retirement will help you gauge your preparedness to know when you’ll be ready for retirement living.