What Is the FIRE Movement?
Have you ever wondered, “What is the FIRE movement?” Whether you’re new to the concept, or simply trying to get a better understanding of what FIRE is, you’re in the right place.
FIRE stands for Financial Independence, Retire Early. The FIRE Movement is a lifestyle that prioritizes saving and investing aggressively. The idea is to save and invest in such a way so that you can retire early and live off your savings and investments (if you so choose).
Even if you don’t choose to retire early, working towards FIRE can have immense life benefits.
It can give you the ability to choose work – or not, improved health (physical and mental), more time to pursue hobbies and spend time with family, and greater financial security, among other benefits.
Working toward FIRE can be meaningful, regardless of your financial goals, even if you plan on building a long, successful career.
If this sounds intriguing and you want to learn more about the FIRE movement, then keep reading on. You’ll learn more about the benefits of following the FIRE movement, plus some simple ways you can get started today.
By the time you’re done reading this article, you’ll be able to answer the question, “What is the FIRE movement?” once and for all.