Pros & Cons of Retiring Early | Coffee Talk ☕️
RETIRED & Loving It! RETIRED & Loving It!
2.98K subscribers
179 views
38

 Published On Aug 18, 2024

Pros and Cons of Retiring Early; grab your coffee and join us!

Pros
*Health Benefits; You are still in good health to go out and enjoy life without having to work the 9-5
*Opportunities to Travel; As people age it gets more difficult to venture out too far from home. While we have good physical and mental health we can travel and see the world.
*New Career; If you retire early it gives you more time to begin a new career. Some people are not happy being retired and start a new career late in life.

Cons
*Strain in Savings; you run the risk of running out of money because none of us knows how long we will live
*Decline in Mental and Physical Health; studies have shown that retirement leads to a mental and physical health decline
*Smaller Social Security; the sooner you take your Social Security the smaller your benefits
*Provide Health Insurance; if you retire before Medicare age of 65 then you have to provide your own health care insurance

Thanks for joining us today for Coffee Talk ☕️

If you would like to support our channel click the link below and buy us a coffee:

https://buymeacoffee.com/retiredlovingit



Keith & Terri

show more

Share/Embed