Question

Is early retirement (prior to age 62) still a realistic option for most employees to achieve without experiencing a substantial decline in their preretirement standard of living? Need a couple paragraphs please.

Answer 1

I do think that early retirement is still a realistic option for most employees to achieve without experiencing a substantial decline in their preretirement standard of living as because there are quite a good number of cons which supports this situation.

Firstly, we can say that if someone loves to stay independent then it is the best option for them. They can retire early nad then start with a new job or business which would hep us to satisfy our goals and which requires no age limits.

Secondly, it could be a good decision if someone wants to focus on their health. They can shift their focus on healthy whole heartedly and shifting their concerns for the jobs they have.

Thirdly, people have enough time to focus on their selves and pursue their own dreams instead of always being occupied by a bundle of loads and tasks in offices.

Thus I see that there is alot of benefit in early retirement also as a result of which I think early retirement is a realistic option to achieve.