04/30/2014 12:04 pm ET Updated Apr 30, 2014

5 Ways To Test Your Retirement Readiness

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Retiring is a lot like buying a car. It’s shiny, it’s new and it’s different from the familiar trappings of the ride you’ve had for years and become accustomed to. Of course, it’s always wise to take a new car out for a spin first or you might commit to something you’ll regret down the road.

If you’re nearing retirement age and are undecided if you want to stop working for good — and don’t know whether you have the savings to support this move — it might be best to try out a test run first. If it’s too soon to give up your career, you’ll have plenty of opportunity to return to the working fold.

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