The Stocks and Savings Podcast 5. What Is The Financial Independence / Retire Early Movement & Can You Achieve This?
The FIRE movement has taken social media by storm, as more and more young people are looking to take their careers on a different trajectory. Rather than waiting until the standard late-sixties retirement age, those following the Financial Independence Retire Early movement are saving and investing at a rapid rate in their youth, whilst living more frugal lifestyles. This results in the ability to have more freedom over where you work, when you retire, and ultimately how you spend your time. But, is it actually feasible? We'll discuss some of the ways to boost your income, cut back on your expenses, and the upsides and pitfalls of the FIRE movement.
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