Top 5 Reasons NOT to Retire Early

In a previous post, I shared with you the Top 5 Reasons to Retire Early. Let’s briefly review those. Retire early: Because You Can, For Your Health, For Free Time, For Your Family, To Reduce Your Liability.

Next up in the Top 5 series, we have five reasons not to consider it. For every solid reason to retire early, there’s a counterpoint and a good reason not to retire as soon as you can.

Here are the Top 5 Reasons NOT to Retire Early

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You love your job

Once you’ve reached all of your financial goals, ask yourself a simple question: If your job transitioned to being a volunteer position (no compensation whatsoever), would you keep working? The answers will help you decide if you truly love your job. 

It’s tough to save money. Two car payments, mortgage and property taxes on a million dollar home in a high cost of living area, private school. These things cost serious $$$!

You Can’t Retire Early!

Let’s keep the math simple. If you can expect to make an average of $250,000 a year and retire at 45 instead of 65, you’re walking away from $5 MILLION in gross earnings. That’s a huge pile of cash. 

You’re walking away from Millions!

After 20 years of 60-hour workweeks, you haven’t really had time for hobbies. The last time you had a week off and didn’t go anywhere, you felt lost and couldn’t decide what to do with yourself.

You don’t know what else you would do

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