Many individuals nearing retirement struggle with burnout and may lose motivation as they approach their final years of work. While itâs easy to focus solely on financial goals, especially when considering luxurious lifestyles, itâs essential to explore other options that balance financial aspirations with mental health. The article highlights the extreme case of a Reddit user targeting an $8 million retirement fund, stressing the importance of understanding the potential personal costs associated with such lofty goals. Engaging with a financial advisor could provide clarity and help in making informed decisions as one nears retirement.
Fat FIRE is a dream for many, but the high price paid for such a lavish retirement may not be worth the while.
When considering retirement, it's important to weigh the mental health impacts of extending your working years for financial goals.
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