Post
Topic
Board Economics
Merits 1 from 1 user
Re: Is it still possible to retire early?
by
barisbilgili
on 26/06/2024, 09:40:37 UTC
⭐ Merited by Fara Chan (1)
Of course we must always be able to consider our old age in the future and if we can enjoy retirement before the age of 60 it will certainly be better because we have prepared for our old age earlier and if retirement is for a worker in a field that is under contract with a company or certain institutions, then we have to follow the applicable rules, but if we have a business that is running well, of course it will be easier to determine the time to retire and it can even be faster compared to those who work for a company and we will be able to enjoy that retirement period. by relaxing and not thinking about any business.
It's not easy to predict what will happen in our old age, so we have to do a lot of preparation, especially if we have a lot of responsibilities.
For businesses or businesses that we run, we can abandon them arbitrarily and make a profit if we don't manage them well and in fact I think everything we do to get money must be controlled well even though it is already running because no one can completely develop a business if we don't do it ourselves.

This is if we talk about early retirement with the possibility of an ongoing business that can provide income when we retire early, unlike government or contract employees, they are already under contract so they cannot retire early.

One way that can be done to retire early is to build lots of real estate assets that can be rented out and that is very helpful for those who want to retire early and if someone chooses to retire early then there are no more desires that they want or can fulfill.
I think if someone wants to retire early there are a lot of things they have to think about very carefully.