[smileysteve]

But in the Us, you are currently free of 7.5% payroll tax and your income tax caps to 15%. Plus, you no longer need to save 15% of your income for retirement.

The most expensive early retirement tax in the us is health insurance.

[Retric]

Saving on payroll tax is a benefit, but it’s also a significant risk for early retirement. Up to 50k/ year for a single person is a real cushion if you start to run out of money. Retire at say 35 and you can probably still get something from SS, but you need to be significantly more cautious.

Similarly saving 15% for retirement is critical, but saving enough to cover inflation is just as important with an early retirement.