13
Mar '22
The FIRE movement is about Financial Independence, Retire Early (FIRE).
Generate enough “income” from your investments to cover your expenses, so you no longer needing to work to pay your expenses (all prior to traditional retirement age).
The core principals include:
- Dramatically reduce expenses
- Save aggressively and funnel savings into investments
- Accumulate enough assets to fund your lifestyle
Done with purpose beyond just accumulating wealth:
- Frugality, simplicity, and self-sufficiency
- Knowing why you want to be financially independent
- A life with the flexibility to do what you want
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[…] out the prior post on Living the FIRE Movement for more […]
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