Even though Americans’ net worth still hasn’t fully recovered from the Great Recession of 2007-2009, many of us continue to dream of retiring early.
A 2019 survey by the reverse mortgage company American Advisors Group found that 52% of Americans plan to exit full-time employment before age 65.
Not everyone will have a choice in the matter, of course. Job loss, health problems, or family responsibilities can disrupt the best-laid retirement plans, forcing people out of the workforce sooner than expected. But if you’re lucky enough to have control over when you retire, it’s worth thinking through the pros and cons before you make any decisions.
Even if you can afford to retire early, you might not want to.
Read the entire article: The Pros and (Mostly) Cons of Early Retirement
