ANYONE contemplating an early exit from the rat race faces just as many rewards as they do risks. The most obvious reward: Early retirement means more time to live life instead of working. On the other hand, there is always the risk of running out of money needed to survive the later years of life.
If the purpose of early retirement is simply ceasing to work because you are tired of working, this in itself may not lead to a fulfilling retirement lifestyle. Be sure you have something to do that occupies your time, interests and takes advantage of your talents. It will be even better if you know your life goals and purpose for your early retirement because doing something meaningful will keep you mentally healthy. You don’t want to be waking up everyday wondering what to do with your life.
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