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Retirement
Things to watch out for before retiring early
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[QUOTE="Etini, post: 294594, member: 90141"] Retiring early is a big decision and it's important to consider all factors before making the leap. As the author mentioned, one of the most important things to consider is having enough money saved up so that you can live comfortably without having to work after age 65. It's also important to consider alternative ways of earning income such as working part-time or freelancing in retirement. Another important factor to consider is the social aspect of retirement. It's important to maintain contact with friends and family, and not let retirement cut you off from the people you care about. It's also an opportunity to make new friends and relationships, so don't shy away from social activities. Lastly, the author also mentioned the importance of paying off debt before retiring early. Carrying debt into retirement can be a heavy burden and can make it harder to enjoy your retirement years. It's best to pay off any outstanding debts before retiring, to ensure that you can fully enjoy your retirement without the added stress of debt repayment. In conclusion, retiring early is a big decision and it's important to consider all factors before making the leap. It's important to have enough money saved, maintain social connections, and pay off any outstanding debts. Retirement can be a time of growth and new experiences, but it's important to be prepared for the changes and adjustments that come with it. [/QUOTE]
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Things to watch out for before retiring early
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