No FIRE means Financial Independence Retire Early.
FIRE lifestyle aims to achieve financial independence and the accumulation of enough savings to help you after retirement.
Most FIRE enthusiasts aim to retire by their mid-30s, and many of them achieve this goal.Retirement in this case, however, does not mean that you stop working altogether.
The point of FIRE lifestyle is to become financially independent by following a rigorous strategy and retiring early upon reaching the goal of financial independence.What Do We Mean By FIRE Lifestyle?The world comprises different ideas, personalities and passions.
Your 9-5 job may pay you well, but do you really want to spend the rest of your life sitting behind a computer?
Also, cutting down your expenses to live frugally for 10-15 years and achieve the freedom you desire.Read More:https://www.australiaunwrapped.com/the-horrible-collective-habit-of-taking-on-too-much-debt/Steps to Reach Your FIRE Lifestyle.Your first step to achieve your FIRE lifestyle goal includes a calculation of what you need when you retire.