Indian techies and Financial Independence, Retire Early (FIRE) movement
The FIRE (Financial Independence, Retire Early) movement has garnered considerable attention worldwide, and its principles are finding enthusiastic followers among Indian techies. The movement, which emphasizes frugality, saving, and smart investments to achieve early retirement, resonates strongly with India's tech-savvy professionals who are known for their meticulous planning and goal-oriented mindset. Video: Mohan's viewpoint FIRE and retirement for Indian Techies Indian techies, often starting their careers in their early 20s, benefit from relatively high salaries in the technology sector. With significant exposure to global financial planning trends through their work and the internet, they are well-positioned to adopt FIRE principles. The typical pathway for these professionals involves stringent budgeting, substantial savings, and investing in diverse portfolios that include mutual funds, stocks, real estate, and increasingly, cryptocurrency. One of the critical f