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Want to retire early? Learn about the “FIRE” concept (Financial Independence, Retire Early) - Business Insider
Early retirement is something likely dreamt of by most millennials and members of “Generation Z” but, as many Boomers and Gen Xers have discovered, retiring early is a pretty lofty objective. The FIRE concept (Financial Independence, Retire Early) is an actual movement with several variations, but its basic premise is to think of retirement as being driven by achieving a sum (of money) rather than an age. This Business Insider article by Jennifer Sisson relates the author’s ongoing journey toward financial independence with a clear goal in mind - retiring when she (and her husband) have enough money to do so. And the journey includes more than simply putting money away in traditional retirement instruments like 401(k), IRA, etc. Click here to read more.
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