why early retirement may not be for everyone

early retirement works for people with a considerable amount in their savings

if you don’t have at least 15 – 20 years of expenses saved up .. it is not advisable to retire early

with inflation shooting up , you should now depend on more withdrawal from your savings – 6 % per year from investments as opposed to 4 % earlier

not all countries have a government retirement income like social security

so , if your savings are not enough to last at least 30 years depending on your age ( savings rate with a 6 % withdrawal rate ) , we suggest you keep working for a few years more till your health allows it

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