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Rimrock300
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Comments by "Rimrock300" (@Rimrock300) on "5 Reasons to Retire As Soon As You Can" video.
Good luck. Hopefully you have a good plan, a good purpose, passions, something to keep you occupied in the years to come. Some people early retire and die of boredom after just watching TV and polishing their car and boat a couple of years.
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Cutting costs
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The advice in the video is for people who already have more than enough money at hand, telling them 'you do not need more, start enjoying life'. Which is fair enough, and a good advice to many in that group. Too most, early retirement is not an option
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Agreed, to many doing early retirement it more mean they work less, and have more free time, not sitting infront of the TV all day
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Feel free to retire early if one can and feel strong about it, but luckily the majority will not retire early and stay put in jobs like nurses, teahers, doctors and others that has a lack of enough people to take the jobs
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All depends on location, lifestyle. One must add present expenses for food, insurance, clothes, energy and so on and take it from there
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About time.
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To some. But not to the majority.
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Early retirement is good to some people, while many others can't deal with it in a great way, have no real purpose in everyday life, hobbies, passions, stay more alone and so on. It's pretty individual. To those able to retire early, and deal with it, fine, but luckily to society most keep going to retirement age.
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I think the video speaks mostly to people who already have quite some savings at hand, no mortages, ; 'you don't need more money, stop working and be free while your health is still okay. Possible have some extra inome from a hobby'
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There sure are big individual differences concerning early retirement. Not the best thing to do too the majority I belive.
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Lets keep in mind the video is speaking to people who already got enough money at hand, just telling them 'you do not need more money, go live life while your health is still okay, do not wait until it's too late'
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Not being financial able to retire is a issue to a lot of people. Some are able to retire in the way they make some income from a hobby and so on, move to a cheaper location/home., have gotten rid of loans.
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Many people, luckily to society', have a certain passion about their work and see no reason for an early retirement. In the western world there are getting more and more seniors and less and less younger people to work keeping thngs running
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