Would you like to retire early? It might sound like a lofty dream, but it’s one of the foundational components of the FIRE movement (Financial Independence Retire Early).
Perhaps you favor a Jaime Lannister approach and would rather work than sit on an Iron Throne. Or maybe your style is a bit more Cersei Lannister and you dream of creating chaos from afar. A FIRE lifestyle is a bit like a choose-your-own-adventure approach to life.
In any case, the FIRE movement has gained traction in recent years, especially among younger generations. Older generations might have been happy working until the prime age of 65 or beyond, but more people are starting to say, “No, thank you,” Olenna Tyrell style.
By following a few simple principles, it is possible for you to build a large enough nest egg to retire early and live a comfortable lifestyle, though it does take effort. The Lannisters didn’t build their fortune overnight either.
In this article, I’ll tell you the benefits of retiring early, how you can use the FIRE formula to plan an early retirement and ways you can be more successful with your FIRE goals.
Read More