The idea of financial freedom and early retirement is a flawed concept

Most young people in their late 20s or early 30s think they have come up with the perfect financial plan: work till the age of 40, save enough money during that time and retire rich.
Sounds simple enough. Right? No! Here are a few reasons why it is not right. Firstly, when we start earning more, we also get used to a different, better lifestyle. We get addicted to new comforts and luxuries. Hence, climbing the income ladder makes us vulnerable to an inflated lifestyle which prevents us from breaking free.

Click to read