What is FIRE?
Financial Independence, Retire Early (FIRE) is a movement focused on extreme savings and investment with the aim of allowing people to retire much earlier than conventional strategies target.
Extreme frugality is at the core of FIRE. Proponents aim to save significant amounts of their income — well over 50% in many cases. This is typically achieved through a disciplined focus on reducing expenses. Increasing income is encouraged, but acknowledged as less controllable than…
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