Should I retire early?
Early retirement is a trade-off between more time now and less time earning. The decision needs a realistic view of spending, income and uncertainty.
Build a conservative picture
- Essential and discretionary spending
- Reliable income sources and their timing
- Savings and accessible cash
- Inflation, investment and longevity risk
- Healthcare and other future costs
Think about purpose as well as money
Leaving work changes structure, identity, social contact and how you spend your time. Consider what you are retiring to, not only what you are retiring from.
Stress-test the irreversible parts
For pension, tax and investment decisions, use qualified professional advice. Watnxt is a thinking aid, not regulated financial advice.
Work through my decision