Is a mini-retirement right for you? Experts share insights

Author: Esly Davis
Published: Updated:

Taking a temporary extended break from work, known as a mini-retirement, is becoming a popular trend, especially among younger generations.

However, experts warn that this concept requires significant planning and isn’t feasible for everyone.

“People want to take time to reinvest in themself before going into a new job or learn a new skill, travel, spend time with family, really anything that suits the person’s need at the time,” said Kevin Fox, a counselor.

Fox emphasized the financial aspect, stating, “It’s not cheap.” He advised potential mini retirees to create a budget, save enough money, and prepare for unexpected costs.

“The cons can also be having to explain gaps in the resume to a future employer. Why did you take X amount of time off?” said Fox, highlighting career implications.

Fox also clarified that a mini-retirement is not a vacation.

“If you come back from a whole gap year and there’s no new skills learned, no volunteerism that was done, that shows that sense of growth, no certificate that was gotten, that won’t help really with the personal growth, which is the purpose of the mini-retirement. So have a goal in mind,” he said.

Bankers Life advises having a clear plan, specific goals, and good time management to prevent boredom or a lack of motivation during this period.

Copyright ©2025 Fort Myers Broadcasting. All rights reserved.

This material may not be published, broadcast, rewritten, or redistributed without prior written consent.