Financial Independence, Retire Early number is art, not math: CA
On a podcast, CA Neeraj Arora called the FIRE (Financial Independence, Retire Early) number an art, not math. He warned that simple formulas like "Expenses x 25" give the wrong idea. He further said that a person's FIRE number depends on their desired lifestyle. He added that he personally felt comfortable with a ₹15 crore figure for a luxurious retirement.