7 questions to ask yourself before deciding to retire

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    By Cameron Huddleston/GOBankingRates

    Few Americans save abundantly for retirement. Whether due to financial issues or a lack of foresight, a lot of people either don't give much thought to retirement or are unable to save up enough to help them fund their what are supposed to be golden years.

    In fact, only 13 percent of people who haven't retired yet say they've given a lot of thought to financial planning for retirement, according to the Report on the Economic Well-Being of U.S. Households in 2014 conducted by the Federal Reserve Board. Nearly 40 percent say they have given little to no thought to retirement planning.

    Mapping out your retirement takes more than asking yourself, "When should I retire?"

    Consider these seven questions to help you better plan for financial and personal obstacles in retirement.

    This article,7 questions to ask yourself before deciding to retire, was originally published on GOBankingRates.com.

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