2. Retirement Plans or FIRE
Most of the people who invest money do it to live a comfortable life after retirement. As a huge portion of people solely relies on salaries, it becomes a challenge to sustain their lifestyle when it is time for retirement. This means everyone has to understand the importance of investment decisions within their lifetime. Many millennials have made it their goal to FIRE (Financial Independence, Retire Early). Saving a major part of your income, around 70%, can lead you to retire early while living a comfortable life.
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