3. It Could Affect Your Health

According to a 2008 analysis conducted by the National Bureau of Economic Research, retirement leads to impairments in mobility and mental health. It also increases the risk of other poor health outcomes, such as stroke and cardiovascular disease.

Moreover, some data shows that those who retire early tend to struggle with more physical and mental issues than those who extend their working years. For instance, there are 40% more cases of depression among retirees, while diagnosed physical conditions increase by a full 60%.

While health issues are inevitable as we age, it’s important to note that seniors who remained socially connected and physically active were less likely to have any ill effects.