What financial condition is critical for Linda when planning her retirement income?

When planning her retirement income, it is essential for Linda to assess whether she has adequate financial resources to support her desired lifestyle in retirement. The choice indicating that she needs to delay retirement to gather more resources underscores the importance of ensuring financial stability and preparedness.

Delaying retirement can provide Linda with additional time to save more, allowing her to build a larger nest egg through contributions to retirement accounts, investments, and potentially avoiding tapping into her retirement savings too early. This decision could help her achieve a more comfortable and secure retirement income that meets her needs over the long term.

On the other hand, having sufficient resources to retire now, increasing banking investments, or accepting a lower retirement income may not align with the goal of achieving a financially secure retirement. These options may suggest that Linda is not fully prepared to meet her financial needs in retirement, risking her long-term financial security. Therefore, recognizing the need for additional preparation before retiring highlights a critical aspect of responsible financial planning.