Chasing FIRE (Financial Independence Retire Early)
FIRE: An Acronym for Financial Independence Retire Early. FIRE is a financial movement that incorporates different strategies of saving and investing money. The end goal is to be able to retire much earlier than the traditional retirement age. Those who are successful are able to live solely off of small withdrawals from their portfolio. The end result of “retiring early” can have a different meaning to different people. Most people who hear the word retire think it means that…