Post
Topic
Board Economics
Re: Is it still possible to retire early?
by
JMBitcointernational
on 08/06/2024, 22:27:33 UTC
It depends on the individual, whether they want to retire early or not. There are people who think that they want to retire at the age of 50, for example, but there are also those who want to continue working until they can't work anymore. Because the principle is like this, if you have sufficient savings and active passive income, then retiring early is a good idea - maybe you are tired and want to enjoy life immediately. But when you only have little savings, no income, and still have responsibilities, the idea of ​​retiring early is crazy, especially when you live in a third country, I don't think that you can retire early quickly, unless if you are rich, this is possible, but if you are an ordinary employee, you should rethink the idea of ​​retiring early.
It sincerely depends on the individual and when they wish to retire because retirement outside the government approved time to retire is a choice because some people forge their age and also lobby in most parastatals just to continue working till 65 or more.retiring early for some people is very bad because most people see their work as a means of exercise waking up early and going out of the house to meet different people. While some people also choose to retire early to have enough time for their family and their private business and also to enjoy their retirement benefits before death. Note that most people find it very difficult to secure jobs after school and probably must have not saved a lot to carry them to old age, however this sets of individuals will find it very difficult and hard to retire because they rely on their salary  to sustain their families and many other contingency expenses.