Olde Hornet
Well-Known Member
I retired at 34 with $3 million – here are 5 downsides of early retirement
I won’t lie: Early retirement has been a dream come true. I gave up a six-figure paycheck, but I gained something priceless in return: Freedom.
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I don’t regret my decision
I won’t lie: Early retirement has been a dream come true. I gave up a healthy six-figure paycheck, but I gained something priceless in return: Freedom.
People told me I was crazy to leave a high-paying job at such a young age, but I was absolutely burned out and felt disillusioned by my industry of work. I never anticipated how miserable I’d be working in finance, especially after the financial crisis.
Early retirement isn’t for everyone. But from my experience, the pros outweigh the cons. I get to wake up whenever I want. I no longer have to endure unproductive meetings or put up with nefarious colleagues. I’ve traveled to more than 20 countries with my wife, wrote a book on how to negotiate a severance and get to coach high school tennis.
I also became a dad in 2017. Being a parent has been the toughest full-time job I’ve ever had; it makes working in investment banking for 13 years feel like a walk in the park.