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What are some options for early retirement?

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Quick Answer

Early retirement options include saving substantial money aside from retirement and pension accounts, obtaining additional income streams and taking advantage of early retirement options from employers, according to About.com. Some employees retire early in order to change careers or to obtain more flexible work schedules with existing employers.

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Full Answer

Early retirement is when employees leave the workforce before becoming eligible to receive retirement accounts, pensions or Social Security, according to About.com. Amassing significant savings allows some employees the flexibility to work less hours or to pursue a different career path. Other employees take advantage of early retirement incentives from employers wanting to reduce their work force or enable younger workers to train for management positions.

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