[Seedly Personal Finance Festival 2024] Exploring F.I.R.E.: Understanding, Sacrifices, and Pathways to Financial Independence

Hi speakers, I think F.I.R.E really depends on one's life goals and knowledge about it. Would like to hear your thoughts on:

• What are some tradeoffs to F.I.R.E for different age groups now? Is it meant to be a struggle?
• Do you think that it is a privilege to know what is F.I.R.E and being able to begin the journey of it, both locally and globally?
• Using the formula, Aggressive Saving + Passive Investing- is it still attainable for our parents generation (Merdeka Gen and younger)?
• What would you say to a younger sibling trying to balance YOLO and F.I.R.E?
• Lastly, something personal, what would you be doing after you have reached your desired/ planned F.I.R.E amount?

Excited to hear from you. Thank you!

What do the speakers think of youths who reject the rat race and prefer to live life in the moment rather than chase things like F.I.R.E?

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