If you've been dreaming of the day you'll leave the office behind to engage in all those other activities you never seem to have time for, MagnifyMoney has a list for you: the best places for early retirement.

Citing the rise of the Financial Independence and Retiring Early movement, also known as FIRE, MagnifyMoney points out that retirees adopting the FIRE goal of retiring in their 40s or 50s, even before the early retirement age of 62, have to engage in some pretty strenuous savings.

After all, chucking the workplace that young means having to live off savings for quite some time—such young retirees can't look for Social Security for years to come, and if they raid their 401(k) or IRA savings, they'll pay for it—in taxes and penalties.

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