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Pros and Cons Retire Early

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By forlan



Retiring early is a dream for some people. They are released from activity such going to office at early morning, type in front of computer, back to home at late night, and etc. Perhaps, you hate your boss or your your colleague and cannot stand with their mock.

If you have much money, you can retire early and fund your life with retire money. You can feel secured, nailed down, guaranteed.Unfortunately, you are not a baron descent who can live without hard working so you must not have much money for your life.

Pros

We are free from the office situation which is bored us. 

Stop wasting time and money by working to someone. As an employee we receive salary from business but you should know the salary that you get is not congruent with your hard work.The company save the remain for operation cost company. 

Get more benefit from business. If you have some profitable business, retiring early is the best choice. You can run seriously your business.

Your health will be good . Most office do not give you health environment. I have ever work with an accounting firm which office is polluted by cigarette smoke by a Senior accountant which has smoking inside office bad habit. Not all officer will support you even  they will bar you from success.

The retiree has more time with your family and can go everywhere.

Cons

The retiree will not get salary anymore from the boss because you do not work at the office anymore.

Some company do not pay the employee until the employee reach retire age and the employer will get social security when reach 62.

The pension fund of people who decide to retire early is small. The retiree have less accumulate retirement benefit because they just contribute for short time.It is not enough to fulfil your needs. It will be wise if you work by 65. 

Retiree early make you lazy because you just stay at home. Your weight will increasing and it is not good for your health. If you have no activity, you have better to keep working.

The company will not give you health insurance. If you get sick, you should find money

Closing

Before decide to retire early, you should consider the pros and the cons. If you feel retiring early is better, you should take it. The people who decide to retire early should have much money to fulfill their need after retirement.

Pros and Cons Retire Early in the News

  • I might retire before World Cup: MuraliThatsCricket.com12 hours ago

    Kanpur: World's highest wicket-taker Muttiah Muralitharan has hinted that he may retire from all forms of the game even before the 2011 World Cup.Muralitharan who is on his fourth tour to India and his final overseas tour is certainly struggling to

  • Louisiana Tech - Team NotesUSA Today1 second ago

    Louisiana Tech coach Derek Dooley has plenty of respect for San Jose State head coach Dick Tomey, who will retire from the game after their two teams meet this Saturday.

  • Red Oak school considers early retirement optionsThe Council Bluffs Daily Nonpareil15 hours ago

    RED OAK – Early retirement may be one cost-saving solution for Red Oak Community Schools, which took a $612,000 hit from Gov. Chet Culver’s 10 percent across-the-board cut.


When you decide to retire?

  • 40's years old
  • 50's years old
  • 60's years old
  • 70's years old
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sarovai profile image

sarovai  says:
2 months ago

Yes forlan , there is pros and cons in retiring early. Do you think it is applicable for all types of job, where investment is high.

forlan profile image

forlan  says:
2 months ago

Certainly, not all types of jobs could apply the retire early. If the worker just get low salary, he could not retire early. I suggest the worker finding another job.

Retire early is also fits for people who want work independent. People who used to "work hard" is not fits with retiring early. They are better to keep working up to 70 years.

Philipo profile image

Philipo  says:
2 months ago

Thanks for this. One can retire from working for another person, one can also retire from his own personal business. It is good to retire from working for another person and be self-employed. Whichever way, one must retire one day. The earlier, the better.

forlan profile image

forlan  says:
2 months ago

Yes I agree with you and I want to be self employed

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