2. You have good health insurance you can afford

Lacking quality and affordable coverage is one of the most common reasons people don’t retire early. So a couple ways that you can do this. A. If you’re married and your spouse has family health insurance (or can get it), then you can consider retiring early if your spouse plans to keep working. B. If you do not have access to healthcare through a spouse, you could apply for ObamaCare. The Affordable Act has made insurance more affordable and allows and encourage entrepreneurship.

3. You’re debt-free

We all would love to be debt-free – mostly we talk about mortgage, student loans, and consumer debts. If you are currently debt-free, you may be able to retire early. You will be in a particularly good spot if your mortgage is paid off. Since a huge portion of your income is freed up when you are debt-free, this will affect your retirement budget positively because you will need less money each month for set bills.

4. You don’t have any dependents

If you still have young children or even grandchildren who you are supporting, it can be difficult to retire early. But if you can factor them in on the monthly expense, and have a nice size 525 college saving set up. You are ready to chill.

5. You have another source of income

Having multiple source of income would give you so much flexibility – dividends, rental property, Peer to Peer lending, business income, and maybe even blogging (Although most bloggers probably doesn’t even break even on their blogs, I wouldn’t count on it). Take a little part-time job doing your hobby – selling arts and craft.

If five reasons wasn’t good enough to convince you, there are 10 other reasons to retire early:

Reason number 10. 

I want to spend more time with my family. Especially some one with an elderly parent, sick spouse, small children. All the precious moment can be missed with a blink of an eye.

Reason number 9.

I want to spend more time huntin’ and fishin’. Just to chill out is a great choice to have. I talked to a good friend today, she’s sick. She told she can’t be stressed out, it can cause a flare up of her disease. Not having to get up early scrub all that snow, dig yourself out of the drive way. Then, explain to your boss why you come to work late, or project wasn’t done in time is not good for your physical and mental health. 

Reason number 8.

I want to lower my golf handicap. I actually love golfing, with the new biking and hiking movement, people are less likely to take up golf, so it’s become cheaper than ever. 

Reason number 7.

Work interferes with what I really want to do with my life. Think about there is 24 hours a day, and you’ve already spent 10-12 hours traveling and working. The rest you need to sleep and take care of yourself, you are left with 1-4 hours at most to things that you like. If you can gain that 10 hours back, wouldn’t you like it!

Reason number 6.

I’m not interested in working nights and weekends. No really, I don’t. Night time is for sleeping. I hate having to stay up, force your eyes to open, when your brain has totally shut down. Then you have to gopple all the coffee so you can stay up. After the caffeine take place, you can’t sleep because you are wound up. It’s a cascade to a disaster. 

Reason number 5.

Once I’m retired, every day will feel like Saturday.

(Of course, we hope this doesn’t apply to those currently working nights and weekends.)

Reason number 4.

In this company, looking busy means more than being productive.

(Especially, looking busy on nights and weekends.)

Reason number 3.

It’s the ultimate in employee empowerment.

Reason number 2.

Instead of contributing to my 401k, I should be shorting company stock.

And, the number 1 reason to Retire Early.

I’m sick of kissing the great white corporate behind.