Early retirement may sound like a dream life, but there’s more to it than meets the eye.
Real people who retired early shared with Business Insider the things they wish they knew before retiring in their 20s or 30s.
Some wished they retired even earlier and others hoped they were more prepared to face criticism from friends, family, and people online.
Early retirement sounds like a dream. Not waiting until your sixties to escape the daily grind? Traveling the world with no end in sight? Sign us up.
But clocking out for good comes with some challenges beyond simply saving enough money to get there — like that people may criticize you for taking an early retirement or that it might take a while to relax after retiring early. There’s also a mindset shift you may need to make when you’re no longer working toward a huge financial goal.
Some of these realizations don’t hit until you’re well into the early retirement game, spending your days leisurely, traveling throughout Europe for months on end, or blogging about your new lifestyle with a mountain view before you.
From the good to the bad, real people who managed to retire early share what they wish they knew before embarking on early retirement.
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It takes a while to slow down after retiring early.
“I wish I knew that it would take me at least six months to calm down, relax, and slow down,” Justin McCurry, who retired at age 33 as a millionaire and runs the blog Root of Good, told Business Insider.
“It took me at least that long to feel comfortable ‘doing nothing.’ I felt like I had to be productive for at least part of the day. Eventually, I realized that, ‘this is the rest of my life; time to enjoy it!’ I upped the time I spent in my hammock, caught up on my Netflix queue, and read a bunch of books,” McCurry said.
“I put together a rough outline of what a
Source:: Business Insider