The Unhealthy Extreme of Early Retirement: How Much Sacrifice Is Too Much?
The concept of early retirement has really taken off. Read the news, and you'll hear some story of a thirty- or fortysomething couple quitting their jobs to spend the rest of their lives traveling.
Retiring that early, however, is difficult to do, and it's something only a small percentage of workers manage to achieve. Retiring a few years early, on the other hand -- such as in your late 50s or early 60s -- is far more feasible, and you don't need to make the same extreme sacrifices, like living out of your van for a decade or more to save money on housing, to get there.
Those people who retire in their 30s or 40s? Often, they're able to do so because they earned a ridiculously high income for a period of time, or had a fantastic business idea that really took off.
Source Fool.com