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.
There are people who have the mindset of retiring when they reach 60 years old, and there are others who have the mindset of early retirement because they want to use the money they get from their retirement fee in business, and so on.
And for the others, who took 60 years, what they are chasing is a pension that is big for a month, although in early retirement, my pension is also the same. so that even if they don't have a job anymore, they can still get a monthly pension, something that I saw in my relatives. But there are others who don't seem to have enjoyed the retirement fee they got.