Retirement Isn’t An Age, It’s A Financial Number.
Have you heard of the F.I.R.E Movement?
Many people are well on their way to leaving the workforce early. But there’s a new wave of younger workers who are trying to take early retirement to another level. They’re on a mission to blaze a new path toward retirement as part of the F.I.R.E. movement.
This is a lifestyle movement with the goal of gaining independence and retiring early. Being financially independent means you no longer have to work for money in a "traditional" job. You don't have to retire either, this movement gives you the option to do so. Maybe you always wanted to take some time to practice playing the piano? You now can because with FI you just gained back the most precious resource YOUR TIME.
They believe it’s possible to retire sometime in their 30s or 40s. F.I.R.E. stands for “Financial Independence, Retire Early.” The goal is to save and invest aggressively, somewhere between 50–75% of your income, so you can retire sometime in your 30s or 40s.
No law says you have to work until you’re 65. That’s a myth!
What are your thoughts?