Millennials Embrace F.I.R.E. For Life Beyond The 9-To-5

When Radhika joined the workforce after her MBA at 23, she had a very specific goal in mind – to undertake financial planning in a manner that would enable her to achieve optimal financial independence and retire early. Following her early retirement, she was keen on starting an NGO for street animals. Understanding financial planning Financial planning plays a pivotal role in achieving early retirement goals by providing a roadmap to financial independence. Through meticulous budgeting, saving, and investment strategies, individuals like Radhika can accumulate wealth and secure their future retirement by starting early and leveraging the power of compounding which can help even modest contributions grow substantially over time, facilitating an earlier exit from the workforce. Additionally, strategic asset allocation and risk management ensure a balanced portfolio tailored to...