There is risk in everything in life. You can get T-boned by a semi driving to your job. Working or not working and driving or biking all have their inherent risks. Carrying health insurance is always a good idea, but doesn't reduce risk. It only helps pay for the consequence of whatever catastrophic event already occurred. I could choke on a Big Mac, but that doesn't mean I won't ever visit a McDonald's.
What if your plan makes you unemployable?
@jacob - I believe the concern is that you retire with a specific set of circumstances in mind. For instance, you retire with the assumption that you can bike or walk everywhere you need to. When some accident occurs, your expenses shoot up, and you need to start working. But having retired early you've lost your edge in technical skills and might be unemployable in your former profession.
I don't necessarily agree with that, but I see the cause for concern.
I don't necessarily agree with that, but I see the cause for concern.