Considering a Mini-Retirement? A Guide to Pros, Cons, and Planning

Reported 2 days ago

A mini retirement is an intentional break from full-time work, allowing individuals to recharge or reassess their life and career path before reaching traditional retirement age. While such a break can offer numerous benefits, including personal growth, clarity, and improved well-being, it also presents financial risks like lost income, reduced retirement contributions, and potential career setbacks. Careful financial planning is crucial to ensure one can manage expenses and prepare for the transition back to work after the mini retirement.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis