What is best age to retire?

If you have a choice: If it is within your control - that is to say you are not an employee with mandatory retirement built into the job, then the time to retire is when your resources equal or exceed your likely needs for the rest of your life. Discuss this with your financial advisor. Circumstances such as health, market changes and family crises may alter this decision tree.

When you're ready.: Retirement isn't a financial thing as much as it's a mental thing. Be ready to retire and begin an entirely new lifestyle. Some people regret retiring because they simply were not ready to slow down or had no real plan for maintaining interest in life after retirement. Conversely, some people run themselves to death because they won't retire. Retire when you're ready.