FIRE isn’t always about choice. F.I.R.E. can also mean ‘Forced Into Retiring Early’. That’s why professionals need to prioritise retirement over other financial goals. It’s time to accept the reality. Instead of assuming that you will be working till 60, plan as if you might need to stop at 50. This means you would have to redo your retirement calculations to figure out how much more/ extra you need to save
My views on why all salaried professionals should plan their finances assuming they won’t be working till 60-65 (even if they want to work forever), were published in a column in Economic Times Wealth (Edition 23-Jun-2025). You can read the same via this link or in the image below:
I have written a lot about financial independence and retiring early (if you want to). A few of the articles are linked below –
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