Is it still possible to retire early?

[milewilda]

Very possible.
If my investment in crypto will earn me $1M then I'd be set for that and I'll live within my means and if possible, below my means.
I'd reinvest that into something that I know more or if not, I'd do just the same routine while doing not so heavy with my business.

a man can hope, but personally and realistically speaking $1M gonna be tough for someone that starts out with just few grands at most doing investment in crypto like the average joe.
unless its meme coin but only very few people making it big from meme coin anyway, the truth is, most of crypto already high valued the potential to rise even higher become lower going opposite to the capital growth.

In the past, there have been the same story and thought that it's not gonna happen but it did.
I think there will be some extraordinary stories as well that the same thing can happen, either with BTC, some meme coins or any alt that will have tremendously gains

Of course, everything can still happen, but there is no certainty when it will happen, but one thing you need to remember, it will happen, no one knows how to make a profit from BTC, but if we learn how it goes up and down, we will get a little easier that is, read the increase, then from there continue to learn about it and enjoy the benefits.

Investment in crypto could really make you retire on the moment that it would really be pumping out to the moon but to consider out that everything would really be still that depending on how much you have spent or on how much that you had invested because it would really be just that delusional if you do make yourself that being expecting on getting rich or retiring on your crypto portfolio with just having a few hundreds or thousands
that you have invested? Even if you do stick up with Bitcoin then it would really be just that hard to believe that you would really be able to reach out such state. This is why it would really be that something important that you should really be thinking about on the moment that you would really be seeing yourself to go with the path on which at least you are already dealing on something on which could possibly happen.

If you do have plans on retiring on early on which you wont really be tending to work those day job or 8-5 job forever then you would really be finding up ways and methods on which
you could really be able to make yourself that retire early but of course it wont really be that easy.

[ndutndut]

Most people are afraid to retire early because they think about the future.They are worried about their future.Because without enough savings, early retirement can be life-threatening.

If you still have fear when thinking about the future, of course retiring early is not a good thing, because people who want to retire early already have financial freedom for the future. Therefore, to achieve financial freedom from now on you have to work hard to earn income without investing. Because by investing, someone can retire early because they already have an income, the investment is not only in Bitcoin, but in property and gold.

Everyone has the dream of retiring early, especially as they get older and have less energy, but to make it happen we need to prepare from a young age. Working hard, having commitment and being consistent, early retirement will be easy for us to achieve.

[Natalim]

Is it still possible to retire early? If the question simply like this the answer could be simply as saying YES hahha.

But seriously you can retire early in my opinion and this is my idea, disclaimer on I want retire early but I don't have money at the moment hahahha. So need a ton of money this is real first you can invest into dividend stock and government bonds as long as the APY is above the inflation rate. So if you have inflation rate that sit around 4% a year you can search any stock or bond or other investment that gives you return 8% or above 5%.

and from there it gonna possible to retire early

You can always pursue retiring early and no one will hold you for that. But in order to make your early retirement worthy, you have to prepare early for it as well. And by learning to save and invest early, that will be a great advantage for you to see your profits and enjoy them at a young Investment is a trial and error method, that's why you have to make most of your time to master and perfect your investment, or close to perfection, so that when times that you're no longer active in any investment, you will still live a good and comfortable life through the life-changing profits you've made while you are at your young age.

[Smartvirus]

Most people are afraid to retire early because they think about the future.They are worried about their future.Because without enough savings, early retirement can be life-threatening.

If you still have fear when thinking about the future, of course retiring early is not a good thing, because people who want to retire early already have financial freedom for the future. Therefore, to achieve financial freedom from now on you have to work hard to earn income without investing. Because by investing, someone can retire early because they already have an income, the investment is not only in Bitcoin, but in property and gold.

There are some jobs you do that the retirement plan isn’t entirely up to you, especially when you’re in the civil services. Your retirement follows some design by the government and when that time comes, you don’t get to object. At other times, your boss points you to that retirement plan.
All that doesn’t matter though when you are your own boss, when you run your business as it so pleases you. Retirement though isn’t something you should kick in too early, it doesn’t matter just how much you’ve accumulated in asset and cash. You need to keep going until you can go no more. So long as you’ve still get energy to keep going and accumulating, you shouldn’t retire.

[OrangeII]

Most people are afraid to retire early because they think about the future.They are worried about their future.Because without enough savings, early retirement can be life-threatening.

If you still have fear when thinking about the future, of course retiring early is not a good thing, because people who want to retire early already have financial freedom for the future. Therefore, to achieve financial freedom from now on you have to work hard to earn income without investing. Because by investing, someone can retire early because they already have an income, the investment is not only in Bitcoin, but in property and gold.

Everyone has the dream of retiring early, especially as they get older and have less energy, but to make it happen we need to prepare from a young age. Working hard, having commitment and being consistent, early retirement will be easy for us to achieve.

Well, at a young age, it's better to keep working, even as an influencer or freelancer. This will make us more active, even during holidays. Many people decide to become vloggers traveling around while on holiday. I think it's fun, they vacation while creating content and making money. Apart from that, early retirement also has many considerations. In fact, you need someone you can trust to help you take care of the businesses you have built.

[Zlantann]

There are some jobs you do that the retirement plan isn’t entirely up to you, especially when you’re in the civil services. Your retirement follows some design by the government and when that time comes, you don’t get to object. At other times, your boss points you to that retirement plan.
All that doesn’t matter though when you are your own boss, when you run your business as it so pleases you. Retirement though isn’t something you should kick in too early, it doesn’t matter just how much you’ve accumulated in asset and cash. You need to keep going until you can go no more. So long as you’ve still get energy to keep going and accumulating, you shouldn’t retire.

The civil service laws stipulate the retirement age of all civil servants but no clause stops you from retiring early. Civil servants can decide to resign from the service and they will be paid their retirement package. The only difference is that retiring before the stipulated time might deprive such an individual from getting a monthly pension. Retiring early is a personal choice but it shouldn't be seen as a time of inactivity. It is not about not going to work or just sitting idle at home. For me, it is a time when you determine your time of work and you also perform tasks not because you want to earn a living but because of pleasure or to avoid boredom.

I also will keep working till I become old and tired but I also want to be free to determine my work life at a very early age below the retirement age of civil servants. It is better to channel your energy to endeavors that give you satisfaction at your own pace than to be tied to a job because you want to survive.

[barisbilgili]

Of course we must always be able to consider our old age in the future and if we can enjoy retirement before the age of 60 it will certainly be better because we have prepared for our old age earlier and if retirement is for a worker in a field that is under contract with a company or certain institutions, then we have to follow the applicable rules, but if we have a business that is running well, of course it will be easier to determine the time to retire and it can even be faster compared to those who work for a company and we will be able to enjoy that retirement period. by relaxing and not thinking about any business.

It's not easy to predict what will happen in our old age, so we have to do a lot of preparation, especially if we have a lot of responsibilities.
For businesses or businesses that we run, we can abandon them arbitrarily and make a profit if we don't manage them well and in fact I think everything we do to get money must be controlled well even though it is already running because no one can completely develop a business if we don't do it ourselves.

This is if we talk about early retirement with the possibility of an ongoing business that can provide income when we retire early, unlike government or contract employees, they are already under contract so they cannot retire early.

One way that can be done to retire early is to build lots of real estate assets that can be rented out and that is very helpful for those who want to retire early and if someone chooses to retire early then there are no more desires that they want or can fulfill.
I think if someone wants to retire early there are a lot of things they have to think about very carefully.

[pusaka]

Well, at a young age, it's better to keep working, even as an influencer or freelancer. This will make us more active, even during holidays. Many people decide to become vloggers traveling around while on holiday. I think it's fun, they vacation while creating content and making money. Apart from that, early retirement also has many considerations. In fact, you need someone you can trust to help you take care of the businesses you have built.

And sometimes I see people who have retired still involve themselves in the business or business they founded when they were young, even though they already have good successors who will continue the business they started when they were young. That means they still want to be involved, but their age no longer supports that.
And you are right, that it will be very difficult to find people you can trust to continue the business, even if it is your own children or family. I have seen several family businesses go bankrupt after being abandoned by their original owners.
At a young age, it would be better for us to be more creative and productive regarding business opportunities or something that can bring in money. Because it can be a form of investment in old age.

[tottong]

And sometimes I see people who have retired still involve themselves in the business or business they founded when they were young, even though they already have good successors who will continue the business they started when they were young. That means they still want to be involved, but their age no longer supports that.
And you are right, that it will be very difficult to find people you can trust to continue the business, even if it is your own children or family. I have seen several family businesses go bankrupt after being abandoned by their original owners.
At a young age, it would be better for us to be more creative and productive regarding business opportunities or something that can bring in money. Because it can be a form of investment in old age.

They no longer manage but control the running of the company so that their work will be much easier. There are also those who deliberately spend their old age at the company while teaching their children.
Finding a successor is not easy because other people don't necessarily know the process of building the business we have run, except our own children and they understand much better how difficult it is to build a business and keep it running well.
Although there are also some children who are not interested in continuing the business that their father built.

Why can a business built by parents go bankrupt when it is run by their children and there may be several influencing factors.
For example, children do not have the skills to run a business and their parents never teach them how to develop a business and there are other factors that might influence them.

[slapper]

Of course we must always be able to consider our old age in the future and if we can enjoy retirement before the age of 60 it will certainly be better because we have prepared for our old age earlier and if retirement is for a worker in a field that is under contract with a company or certain institutions, then we have to follow the applicable rules, but if we have a business that is running well, of course it will be easier to determine the time to retire and it can even be faster compared to those who work for a company and we will be able to enjoy that retirement period. by relaxing and not thinking about any business.

It's not easy to predict what will happen in our old age, so we have to do a lot of preparation, especially if we have a lot of responsibilities.
For businesses or businesses that we run, we can abandon them arbitrarily and make a profit if we don't manage them well and in fact I think everything we do to get money must be controlled well even though it is already running because no one can completely develop a business if we don't do it ourselves.

This is if we talk about early retirement with the possibility of an ongoing business that can provide income when we retire early, unlike government or contract employees, they are already under contract so they cannot retire early.

One way that can be done to retire early is to build lots of real estate assets that can be rented out and that is very helpful for those who want to retire early and if someone chooses to retire early then there are no more desires that they want or can fulfill.
I think if someone wants to retire early there are a lot of things they have to think about very carefully.

Early retirement is like a middle finger to the system, a big "Screw you" to the idea that you gotta grind your whole life. It's about declaring, "I'm not waiting to start living until I'm 65." Real estate investing and passive income streams are part of the game. Brother, freedom is what matters. Total freedom to act as you choose, when you please

What does success actually mean is the question you should be asking yourself. Perhaps it has less to do with moving up the corporate ladder and more to do with seeing the world, spending more time with loved ones, or simply calming. Early retirement is a great choice for those who prefer to live on their own terms

[C10H15N]

Early retirement is like a middle finger to the system, a big "Screw you" to the idea that you gotta grind your whole life. It's about declaring, "I'm not waiting to start living until I'm 65." Real estate investing and passive income streams are part of the game. Brother, freedom is what matters. Total freedom to act as you choose, when you please

What does success actually mean is the question you should be asking yourself. Perhaps it has less to do with moving up the corporate ladder and more to do with seeing the world, spending more time with loved ones, or simply calming. Early retirement is a great choice for those who prefer to live on their own terms

[Fredomago]

Well, at a young age, it's better to keep working, even as an influencer or freelancer. This will make us more active, even during holidays. Many people decide to become vloggers traveling around while on holiday. I think it's fun, they vacation while creating content and making money. Apart from that, early retirement also has many considerations. In fact, you need someone you can trust to help you take care of the businesses you have built.

And sometimes I see people who have retired still involve themselves in the business or business they founded when they were young, even though they already have good successors who will continue the business they started when they were young. That means they still want to be involved, but their age no longer supports that.
And you are right, that it will be very difficult to find people you can trust to continue the business, even if it is your own children or family. I have seen several family businesses go bankrupt after being abandoned by their original owners.
At a young age, it would be better for us to be more creative and productive regarding business opportunities or something that can bring in money. Because it can be a form of investment in old age.

I see your point  and that's true even after you retired you still have that desire to keep helping the business or you want to keep yourself involve into something that will allow you to grow your money, either it's an investment or a business where opportunity is open, business minded person will keep trying their luck if there's a chance for them to earn.

That same logic applies, if you want to make money for your early retirement that same concept will be at you when you already find that way and will continue to chase for an open opportunities.

[pusaka]

And sometimes I see people who have retired still involve themselves in the business or business they founded when they were young, even though they already have good successors who will continue the business they started when they were young. That means they still want to be involved, but their age no longer supports that.
And you are right, that it will be very difficult to find people you can trust to continue the business, even if it is your own children or family. I have seen several family businesses go bankrupt after being abandoned by their original owners.
At a young age, it would be better for us to be more creative and productive regarding business opportunities or something that can bring in money. Because it can be a form of investment in old age.

~~

Why can a business built by parents go bankrupt when it is run by their children and there may be several influencing factors.
For example, children do not have the skills to run a business and their parents never teach them how to develop a business and there are other factors that might influence them.

Of course, there are influencing factors that result in businesses that have been running for years, ultimately having to decline in income or even go bankrupt. One of them, as said by the child, is not skilled enough in developing a business. However, I think parents will always teach their children anything, but it is the children themselves who don't want to leave their comfort zone. For example, when they are used to living easily and luxuriously, they think they will always feel that way. They didn't think that their parents would pass it on and they weren't prepared for the legacy they left behind.
Here too, in my opinion, the role of children is very important, how they must realize that they have to continue. Even though they may be more skilled in other fields, they still have to learn to become more skilled.

[Alpha Marine]

In my estimation early retirement is a choice if you leave in an economy that is already developed. In an economy where the government actually cares for her citizens and have been able to provide the basic and amenities for them. But if you live in an economy that is still developing early retirement will only be a wish. Because you can't retire early and have it going good for you. In this type of economy you have to work twice as hard to even erk out a good living for yourself and while you are at it retiring early would be the last thing on your list. That is why you should do work that you love, take time out to relax, eat healthy, and invest no matter how little even while you are actively working.

Whatever country you are in, you can retire early, I know it's more difficult in developing countries but it's still possible. Most of the time people that have acquired so much wealth in developing countries choose not to retire early because of the kind of country they are in. They can decide to retire and never work again and they'll still be able to afford everything they have, but because the system is so bad, they have to make sure their kids are covered, so they keep working and acquiring more wealth so their kids will have more than enough when they (the parents are gone). Hence why I believe that early retirement is a choice.

For average and middle-class folks, it's more difficult to retire early. The points OP mentioned are very good points, but there's one that I'd like to add if a person truly wants to retire early, and that is "don't bite more than you can chew".
Don't have more kids than you can comfortably take care of. It doesn't matter if you have just 1 or 2 kids l, as long as you can raise them up in the best way, provide for them comfortably and love them. A problem people face when it comes to retirement is that they have too many responsibilities, so they can't save or invest and you can't retire early if you don't invest.

If you save from whatever you make over 30 years of working in Bitcoin, except something very tragic like getting hacked or having an illness that will require all you got to treat or something like that, you'll be fine to retire.