I retired early after becoming managing director at a big bank. People should think twice before chasing the FIRE lifestyle.

Eric Sim highlights the drawback of the FIRE movement, stating that many don’t envision their post-retirement life accurately and often find themselves unfulfilled.

After rising to a managing director at UBS, I realized I was financially free, prompting me to reflect on what I truly wanted to do with my life.

Instead of retiring early to leisure, I founded the Institute of Life, focusing on helping young professionals achieve success, a far more rewarding path.

While initial freedom post-retirement is appealing, it's crucial to have a plan and meaningful goals to avoid a sense of aimlessness.

Read at Business Insider