Retiring decades earlier than the traditional age is often debated, seen as both selfish and impressive. Ultimately, retirees must focus on their financial health and family's needs rather than external opinions. While early retirement may reduce potential inheritance, financial planning can help balance personal desires with future legacy. It's essential for prospective retirees to evaluate their circumstances and seek professional financial advice to determine the best path forward. Exploring lifestyle adjustments might also help achieve earlier retirement goals while still securing a reasonable inheritance for dependents.
It's not selfish to spend one's own money in retirement, especially when burnt out or unable to find work. Each individual's situation should dictate their choices.
Finding the optimal balance between early retirement and leaving a significant inheritance can be tricky, but it's worth exploring before solidifying plans.
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