The Financial Independence, Retire Early (FIRE) movement is gaining mainstream appeal among young professionals in India and globally. A recent study found 7 in 10 urban Indians would retire early if they could afford it, but only 11% are confident their savings will last. FIRE emphasizes high savings, disciplined spending, and long-term investing, with variations like Fat FIRE, Lean FIRE, and Barista FIRE.
FIRE Movement Gains Traction Among Young Professionals
Source: Mint