I work in the corporate setup and I know that 80% of the people will never achieve the financial independence, whetever they do. This is mainly because how they treat money. Also mainly of the lifestyle inflation the financial independence is a distant dream. They are not thinking about the retirement money.
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Everyone life is different thats true, and everyone personal finance is different too. Someone earning 1 lakh doesn't have much expenses and he is saving a lot of money, similarly someone earning 2 lakh is not able to save anything because he is paying 1 lakh as EMI. Someone has a big car whereas someone who has Crore in real estate is coming in bus. So everyone's life is different and how they use the salary also differs. Similarly everyone's risk appetite is different, so some people invest only in FD, some in real estate, some on equity and some other places.
So now coming back to the original question, why not everyone will acheive financial independence because either they are not saving at all, they are saving very little or they are saving in those asset which will not help them to beat the inflation or eventually get them to financial independence number. The thing is people increase their expenses whenever their income rises and that's what the problem is. They take the credit card thinking that will help them save money but eventually they maxout their card and get into the debt hole.
I am not saying that everyone should aim for retiring early, but everyone should aim for financial independence. Financial independence will allow you to work on your terms and help you to remain stress free as well as healthy. You can work on the timings set by yourself and what not. And that's why financial independence is very much required.
