Post
Topic
Board Economics
Merits 2 from 1 user
Re: Early Retirement [Pros and Cons]
by
CryptopreneurBrainboss
on 29/09/2023, 18:18:04 UTC
⭐ Merited by Agbamoni (2)
as long as you can still make money, don't even think about retiring early, I know early retirement is everyone's dream but who knows what will happen next, you have to maintain your grades and productivity so that you stay healthy and respected by people.

Nobody should retire from making money but retiring from working is what the dream is. When you retire, you stop working actively for money but your money can always work for you until you die. It's smart to retire early and I don't see any problem with that provided you have made enough money to consider yourself to be financially free and to keep that status of been financially free, you have to make investment that generate money for you without you been actively present. Everyone desire an early retirement so they can spend time with their loves ones or do things they love but to enjoy that, we have to make use of our early days in service (working) to make investment that'll help use retire early.

If you're not yet financially stable (that you can't live without depending on steady salary) then there's no need to retire. Don't get pressured by those doing it because you don't have the same financial backing that they do. We need money to live comfortably and if you don't have the opportunity that others have to leave off money made from their investment then keep working until you have been able to save enough money for investment then you can retire. When you're financial set for life you won't see any Cons for retiring early but only Pros as it gives you more time to follow your dreams and explore the world from a different point of view.