Quote from: erep on Today at 07:01:49 PM

Quote from: Davidvictorson on Today at 03:01:05 PM

We spend half of our lives working and the retire tired at 65 - 70. Those who retire early, 45 - 50 get to spend more time with family, friends, hobbies, and passions, as well as the opportunity to learn new skills, play instruments, engage in sports, and enjoy youthful activities. Its fun. Despite people saying that the lack of health insurance is a disadvantage to early retirement, I tend to think that an early retiree who may not be able to afford healthcare can opt for part-time employment to maintain affordable health insurance. Where this is not possible after a thorough thinking, then the individual must choose to continue working until it is sorted out.

When someone decides to retire early at the age of 45-50 years, they must have a plan to prepare another job according to new skills that may not interfere with time with family. Many early retirees already have their own business that has been running for a long time along with their previous job. They must ensure that their monthly income is still the same as the salary in their previous job, if their income is lower they will have difficulty paying for health insurance, according to information that the cost of health insurance increases depending on age level, and many other routine expenses must be considered, so don't rush to take it the decision to retire early without the guarantee of being able to work in another job.

Health insurance aside, we have the inflation to keep in mind. The cost of every purchasable goods and services continue to increase. To retire at a young age, it will take a lot of effort, decision making and things that needs to consider. You have to had a long running business, properties to lease, or at least a source of income that can help to sustain the daily expenses (needs and wants).

Quote from: chigo on September 20, 2023, 01:32:12 PM

- I Wanted a Challenge
Retirement removes the challenges that work presents, which can be a good thing, but may also lead to boredom and a lack of purpose. Early retirees who have gone back to work respect the challenge of working for a business.

Early retirees also feels like becoming weak as they stopped working. Their body and mind is looking for the challenge, the movement they used to before. Also, there are a few people to talk to as most of people around is working.