CNA came out with an article on Financial Independence, Retire Early (FIRE) and the writer really captured the gist of what financial independence is about. In fact, this is the first time I've seen such a good article from main stream media talking about financial independence. You can read the article here.
Image adapted from https://teenfinancialfreedom.com/
Financial advise from main stream media? In the past, most financial advise from main stream media often comes from financial advisors or experts but are often not so relatable to the people on the street. Most advise will tell you to save certain amount and draw down that amount when you retire. For example, a typical advise will ask you how much you need per month during retirement (eg $5000) then you'll need to save $xx amount so that it can last you for xx number of years. If you save up $1 Million...