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Brief overview of unplanned early retirement

Unplanned early retirement is not a curse, or neither is it a punishment but it should be viewed as a...

U nplanned early retirement is not a curse, or neither is it a punishment but it should be viewed as a time to relax and enjoy life. One of the causes of unplanned early retirement is health related issues. An employee in an organization in late age bracket may be diagnosed with life-threatening illnesses that require serious medical attention. With the disease, a person cannot be able to be productive in the company hence the need to retire early. Some of the illnesses may consume a lot of time in treating them, and this may not be to the best interest of both parties leading to mutual consent of leaving employment. Unexpected accidents can lead to early retirement. The future is uncertain. No matter the precautionary measure put, accidents occur when no one expects be it in the job environment or using public means of transport. Injuries from such accidents can be career ending meaning that an individual will retire early. A person can also be able to retire early if he or she finds out that they have enough savings for sustaining them in the days after retirement. Some people are also able to have arrangements with their companies of work to work for a few days during the time of unplanned retirement. There can be many reasons for unplanned early retirement no matter the reason it should be viewed as a fortunate event and not a cause for panicking in life. Some people even work after the days of employment to make a living. The time of unplanned early retirement can be used for family and friend bonding. An individual may also engage in other travelling’s to new places, swimming or fishing among others. It can be a good time to write a book or even read several books. Retirement is a period of rest after a lifelong career spent working to make ends meet. It should be well planned to avoid living miserable life after retirement. Early retirement is unexpected, for this reason, an individual should save money in his or her early days of employment to cushion against the uncertainties of employment.