Are You Financially
Ready for Retirement?
Six questions across three dimensions — knowledge, savings behaviour, and income security. Your weakest one sets your overall readiness, because that's how it actually works.
Quick answer
Retirement readiness isn't one number — it's the weakest of three things: whether you understand the mechanics (the 4% rule, Social Security claiming age), whether you're actually saving consistently, and whether you know your real income picture (Social Security estimate, healthcare costs). Being strong on two out of three still leaves a real gap.
Claiming Social Security at 62 instead of a full retirement age of 67 can cut the monthly benefit by up to ~30%, for life — one of the highest-stakes, least-understood decisions this quiz tests.
Sources: Social Security Administration · EBRI Retirement Confidence Survey. Last updated 24 August 2026.
The 6 questions
Two questions per dimension — knowledge, savings behaviour, income security.
1. Knowledge
What's a commonly cited starting point for how much you can safely withdraw from retirement savings each year?
2. Knowledge
Claiming Social Security at 62 instead of your full retirement age typically means...
3. Savings behaviour
Do you currently contribute to a retirement account (401(k), IRA, pension, or similar)?
4. Savings behaviour
If your employer offers a matching contribution, are you capturing the full match?
5. Income security
Do you have an estimate of what Social Security (or your country's equivalent) will actually pay you monthly?
6. Income security
Healthcare costs often rise sharply in retirement. Have you thought about bridging costs before Medicare eligibility at 65 (if retiring early) or budgeting for costs after?
Answer all 6 to see your readiness verdict — 0 of 6 done. Nothing is sent anywhere.
Frequently asked questions
Why does this quiz use three dimensions instead of one score?+
Because retirement readiness doesn't average out — someone who saves diligently but has no idea what their Social Security will pay, or hasn't thought about healthcare costs, still has a real gap even though their savings habit is strong. This quiz reports your weakest dimension as the overall verdict, the way an actual readiness assessment would.
What is the 4% rule?+
A widely cited starting point from research (the Trinity Study and similar) suggesting a retiree could withdraw about 4% of their portfolio in the first year of retirement, adjusting for inflation after, with a historically low chance of running out of money over a 30-year retirement. It's a rule of thumb, not a guarantee — actual safe withdrawal rates depend on market conditions, time horizon and spending flexibility.
How much does claiming Social Security early actually cost?+
Per the Social Security Administration, claiming at 62 instead of a full retirement age of 67 can reduce your monthly benefit by up to approximately 30%, for the rest of your life. Waiting past full retirement age (up to 70) increases it instead.
Does this quiz store or share my answers?+
No. Every answer and the result are computed in your browser and never sent anywhere. There's no sign-up and no email gate.
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Educational only, not financial advice. Richify holds no AFSL, is not a registered investment adviser, and this quiz is a self-assessment rather than a diagnosis.
