Jasz
VIP Contributor
There are a lot of things to watch out for before retiring early.
Don't try to retire early if you're not ready. It's not easy to say goodbye to your career, and it's even harder on the first day. Your first year in retirement will be full of adjustments and surprises, but don't let that scare you off.
Make sure you have enough money saved up so that you don't have to work after age 65 in order to live comfortably. You can work part time or even make extra money by doing freelance jobs as a retired person.
Don't be afraid of losing touch with your friends and family while you're in retirement. It's important that you maintain contact with them so they know how much you love them and miss them too! This is also an opportunity for new friendships and relationships, so don't give up on yourself just yet.
Also make sure your debt is paid off If you have any debts that need paying off before you retire, make sure they are completely paid off before retiring early. It's hard work paying off debt, so don't let it drag down your savings when you finally get there.
Don't try to retire early if you're not ready. It's not easy to say goodbye to your career, and it's even harder on the first day. Your first year in retirement will be full of adjustments and surprises, but don't let that scare you off.
Make sure you have enough money saved up so that you don't have to work after age 65 in order to live comfortably. You can work part time or even make extra money by doing freelance jobs as a retired person.
Don't be afraid of losing touch with your friends and family while you're in retirement. It's important that you maintain contact with them so they know how much you love them and miss them too! This is also an opportunity for new friendships and relationships, so don't give up on yourself just yet.
Also make sure your debt is paid off If you have any debts that need paying off before you retire, make sure they are completely paid off before retiring early. It's hard work paying off debt, so don't let it drag down your savings when you finally get there.