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As one of the pioneers of the modern-day FIRE movement, I’ve witnessed many changes since 2009. In the good old days, the goal was to simply generate enough passive income to cover your living expenses. You could then retire early because you were financially independent.
Post-pandemic, however, I’ve come to realize early retirement / FIRE is now becoming obsolete. We no longer have to invent new definitions of financial independence. We no longer have to retire early either!
Let me explain why.
See post: Why FIRE Is Becoming Obsolete
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- Sam
