Most people, even if they love their jobs, perk up at the thought of early retirement. They can quickly come up with a list of many reasons why they would be crazy not to take an early retirement if it was offered to them. There are many great things about taking an early retirement, that is for sure, but there are some things you should consider carefully before you decide to end your working career.
The benefits of early retirement seem obvious. Not having to work full-time means having more time to do things you enjoy more than work. The thought of spending everyday doing things you love sounds too good to be true, right? Who would not love hour after hour to garden, read, get in touch with friends or join clubs in your community? Taking an early retirement means having more time to travel and spend with family and close friends.
You must take time to consider with caution all of the ways your life will change because of taking early retirement. Think beyond all of the pleasures and freedoms you will enjoy and consider your financial situation for a moment. Do you have funds in place that will be able to support you if you take early retirement? How will you...
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