I’ve done the math with various living and return scenarios and it can be done. Will those who’ve short circuited their careers feel the pull to return to full time work and maximize their earnings potential again? What about all our “lifestyle design” and “digital nomad” friends who had a rough time landing something stable they truly love? Those who are able to retire early are often cherished.

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Let’s explore several reasons why people want to retire early, why they exist, as well as understand why we should all think twice about pulling the ripcord too early.

Someone has to argue the other side, so it might as well be me. The number one reason why people want to retire early is because people haven’t found a job that gives them enough fulfillment to do for the rest of their lives. If there was a job paying $80,000 a year to hike in the mornings and get massages in the afternoon, I’d do that forever! If you are a sub-optimal performer, you tend to experience a sub-optimal lifestyle. Let’s say you are a research scientist who after 10 years never produces any relevant research and finds no cures.

The employer will suspect you are rusty, and that you may just bolt after a year.

As a result, the employer simply chooses to hire someone with no gap in their employment, or someone else from another firm. No matter how conservative we are in our retirement money needs, something unforeseen may happen.

It’s because of the downturn of 2008-2010 that so many were displaced with nowhere to go. In an economy where everybody is losing money left and right, what’s the point of working some think.

Well, the economy has roared back with a vengeance and if you aren’t working, you are falling farther and farther behind. With the median lifespan hovering around 80 years old, you only have 15 years of retirement to enjoy your life if you retire at 65.

Again, a large employment gap is perceived as riskier by the employer and you may be un-hireable.

Here’s a savings guideline by age you should consider. It’s nice to have all the time in the world to do whatever you want.

If you’ve ever taken a staycation by yourself, you’ll soon realize how lonely it is when others are busy leading their own lives.