The article “Five Early Retirement Mistakes to Avoid” from Kiplinger highlights common pitfalls that can derail the Financial Independence, Retire Early (FIRE) movement. These mistakes can significantly impact the success of early retirement efforts. Here are the key points:

1. **Overestimating Investment Returns**: Relying too heavily on high investment returns can be risky. It’s essential to maintain a diversified portfolio and have realistic expectations about market performance.

2. **Not Planning for Psychological and Social Aspects**: Many people underestimate the importance of planning for the psychological and social aspects of early retirement. Without a routine and social interaction, retirees may feel isolated and purposeless.

3. **Not Having a Plan for Time**: Instead of relying on a bucket list, early retirees should have a plan for how they will spend their time, including hobbies, volunteering, part-time work, and other fulfilling activities.

4. **Not Diversifying Income Streams**: Having multiple income streams can provide financial stability and reduce the risk of relying on a single source of income.

5. **Not Building a Strong Social Network**: Failing to establish a strong social network can lead to loneliness and negatively impact mental and physical health. Early retirees should make an effort to keep and make new friends.

By avoiding these mistakes, early retirees can better prepare themselves for a successful and fulfilling retirement.