Retiring just isn’t what it used to be. If wasn’t the worst that the nation’s social security program running out of money for retirees, here are more reasons why retiring early isn’t everything it’s cracked up to be.
You may suffer from an identity crisis:
When you’ve spent at least a decade working in any job, you may find it incredibly jolting to no longer be identified as an expert of your career field when talking to family or friends. The first couple of weeks or months may feel great, but after a while, you will begin to feel a little lost without the day-to-day routine of working.
You might second-guess yourself:
Retiring young may sound great because you’ll have more time to travel the world and spend time with your family. However, retiring young can also mean that you begin to question whether you made the right decision by giving up work and the money constantly coming in.
You may get really, really bored:
With nothing to do all day, retiring early may make you realize how boring your life is. It may not happen right away, but boredom will eventually hit you like a freight train which might make you less motivated to doing anything.
It also doesn’t help that your friends may not have retired just yet, so they can’t even hang out during the day to keep you entertained. In the meantime, you can pick up a new hobby or make time for an activity that you’ve been meaning to do but just didn’t have the time for.