I definitely get the "gentle heads-up but don't push" strategy, and the main thing that is stopping my friends from going down the FIRE path is a lack of income instead of a lack of understanding, but honestly if I had close friends that were making enough to be making proper investments I would feel morally obligated to make sure they understood what was on the table. Can you imagine learning about this stuff when you're 55 and wishing that someone would have told you sooner? Or even that someone forced you to start sooner, when you were a dumb kid and investments seemed like old people stuff?

As is, I'm currently just helping them with frugality, credit cards, getting a HYSA bank etc and making sure they're not leaving free money anywhere on the table. Wish there was more I could do with my knowledge.

[–] yenahmik@lemmy.world 4 points 1 year ago

I would feel morally obligated to make sure they understood what was on the table

At the end of the day, while FIRE is appealing to me and works well for me, it's not the only right way to live. I think if someone I was close to got set up in a good paying job, offering to explain their retirement benefits to them and help them get set up is fine, but I wouldn't push them more than that because it can seem a little preachy. If they want to know more, then we can talk. Most people don't, and pushing the subject would only be off-putting.

Similar to if I had a morbidly obese friend. Yeah it'd be good if they counted calories and ate mostly fruits and veggies to achieve a healthier weight, but is it really my place to push them towards a different lifestyle? Or should I just be a friend and help them when they ask for it?