Early retirement must be based on strong reasons. Those who decide to retire early have various reasons, some are getting bored with the rules at work, there are those who want to manage their own business and there are also those who are lazy about doing the same activities every day. For those who want to manage their own business or want to form a new life to be more independent, early retirement is a good decision.
Many people retire early but don't have a clear reason why they made that decision, ultimately their lives become chaotic due to not having a regular source of income every month.
That’s why early retirement should be planned ahead. If you plan well, early retirement can give you the chance to explore new passions and interests, which might not have been possible if you were still employed. With sufficient money to sustain your lifestyle, you can overcome the challenges that you may encounter and explore new opportunities.
It's not an easy thing, everyone really wants to retire because of course almost everyone doesn't want to be tied down to work and wants to be free to do whatever they like, but again, if everything is constrained by money, even though they have prepared for early retirement, not many people have the courage. take this decision if there is no strong guarantee that your finances after retirement will remain secure or stable.
All of us want to have early retirement. Even right now we want to quit this 8 a.m.–5 p.m. job and retire but the problem is that we are not financially able. If we retire or quit now we go broke and live on the street. That is why you are right that we need to plan it ahead and also make sure your finances are in your favor. But right now there are people who prefer to work because they get bored and have nothing to do and others want to work again as they have no income.