12 Reasons You Should NOT Retire Early

YOU’LL BE DEPLETING YOUR RETIREMENT FUND INSTEAD OF ADDING TO IT

Retiring early is a double-edged sword. First, you stop growing your stack of cash just when it’s starting to enjoy the peak effects of compound interest. According to the financial website Seeking Alpha, someone who stops saving at 60 instead of 65 could sacrifice tens of thousands of dollars of portfolio growth, even if monthly contributions remain the same.

Also, not only does the pile stops growing upon retirement, but it immediately begins shrinking by whatever it costs to maintain your lifestyle.