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The phrase “early retirement” is no longer unfamiliar to each of us. Nowadays, not only the generation nearing middle age but even young people are starting to plan their own retirement. They look forward to spending more time with family, friends, and themselves after a hard day’s work.
In fact, retiring early doesn’t mean you have to stop working altogether. It can be as simple as quitting an administrative job for 8 hours a day, focusing on side jobs, chasing dreams, or living on a passive income. It will be an opportunity to have more space and spend time with family, travel around the world, and visit friends far away — things we had to ignore before because we were too busy.
Top 3 signs you should retire
The first sign is that you no longer have to worry about paying the monthly debt.
To be able to retire early, the first thing we need to do is pay off all of our debts as soon as possible. If you are still “burdened,” spend money in a series of installments, like money to buy a house or car every month.
It is challenging for you to ensure a safe and sustainable financial plan. Debts and expenses will put a lot of pressure on our finances.
This is the time to continue to work and increase income, not retire to enjoy…
