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One of the big ones is passion.
Many people are deeply passionate about their work, Lovison said.
This isnt always the case, of course, but its worth considering before making the leap.
If you have children at home, continuing to work sets a powerful example, Lovison said.
If money is the only reason youre going to work then you havent necessarily found your joy.
Youre Not Mentally Prepared
Financial readiness is one thing, but are you emotionally and mentally prepared?
If not, you might want to hold on retiring.
Many retirees find themselves feeling bored or restless without the structure that a job provides.
You Have Even a Little Financial Uncertainty
Being rich is somewhat relative.
Depending on your circumstances, you might also need more money than you expected.
Then, if something does come up later in your life, youll be well prepared to face it.
If youre already wealthy, you might be financially ready to retire.
But be sure to make your decision based on your overall needs and wants.
You might find more benefits to working a bit longer than you expected.
If possible, retire when youre ready on all fronts.
That way, youll have no regrets about your decision whether theyre emotional, financial or otherwise.
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