11-May-23 09:30

Rajen Devadason, CEO, RD WealthCreation

If you're a personal finance enthusiast, you would've heard of Financial Independence, Retire Early aka FIRE, a movement which encourages people to attain financial independence as early as possible, working hard, saving a lot, and cutting expenses extremely.

All this is so one can retire as early as possible, some even as early as 30. But in the backdrop of the pandemic and changing economic landscape, is this line of thinking still hot on everyone's mind? Financial planner, Rajen Devadason shares his thoughts and why he thinks FIRE is a flawed strategy.