Six Important Reasons Not to Retire Early

retirement

There are plenty of reasons to retire early. I also recognize that there are risks to retiring early and good reasons to keep working.

A thoughtful approach that considers both sides is paramount when considering such a major life decision. It’s also valuable to hear different people’s perspectives.

Work is a fundamental element of happiness.

Those with white-collar or leadership roles tend to view themselves as happier than those with blue-collar jobs. Disparities of overall happiness exist throughout the globe.

In response to chronic stress, a body under allostatic load can benefit greatly from rest. However, as we reach a point of recovery from these stressors, unadulterated rest can lead to a decline in physical and mental health.

Retirement can remove daily structure.

Early retirement can result in a lack of purpose.

The first phase of a retirement is often filled with pleasure: copious rest, travel, or other forms of adventure. Our lives can become a rad highlight reel on Instagram, but pleasures don’t ultimately replace purpose.

Social connections may be harder to obtain once we retire.

After we retire—or even with a solo entrepreneurial endeavor—creating, cultivating, and maintaining relationships can be difficult. Maintaining a strong social community is a key element of life contentment.

This is one of the primary reasons I have found those who retire early reluctant to share their story. There is a fear that a family member or stranger might want to slip in on that financial harvest grown after years of careful and loving cultivation.

People are dubious of those who retire early.

To retire early requires a bomb-proof financial strategy.

A true retirement requires us to really have our finances dialed. Some early retirement enthusiasts believe that their worst-case scenario is simply everyone else’s everyday scenario—i.e., they can just go back to work.

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