#fire-movement tag

I'm being forced to retire early and not sure if I should take it or not because I'm 40% away from my financial goal of retirement

Reassessing financial goals is crucial after an unexpected job loss, allowing for a flexible approach to retirement.

What If the 4% Rule Meant Something Else?

The 4% Rule, established by William Bengen, indicates that retirees can withdraw 4% annually from their portfolios for 30 years.

How a millennial couple went from $750,000 in debt to being on track to retire in their 40s

Embracing the FIRE movement led Disha Spath from significant debt to over $1 million net worth, on track to retire in her mid-40s.

A 36-year-old on track to retire early didn't earn more than $15,000 a year until her late 20s. She explains how she increased her income and how she invests.

Amberly Grant achieved 'coast FIRE' through strategic income growth and investments, allowing her to plan for financial independence and future retirement.

She maxed out tax-advantaged accounts to optimize her savings.

Why Planning for Retirement at 60 Is Causing Me Anxiety About the Future

Health habits now can lead to a vibrant retirement at 60.

Planning for retirement includes staying healthy early on.

Concerns about energy loss in retirement can be mitigated with good habits.

We have $7 million saved for retirement - can I afford to not work anymore if I get laid off?

Financial independence requires balancing wealth and personal well-being, as burnout can complicate retirement plans.

I'm being forced to retire early and not sure if I should take it or not because I'm 40% away from my financial goal of retirement

Reassessing financial goals is crucial after an unexpected job loss, allowing for a flexible approach to retirement.

What If the 4% Rule Meant Something Else?

The 4% Rule, established by William Bengen, indicates that retirees can withdraw 4% annually from their portfolios for 30 years.

How a millennial couple went from $750,000 in debt to being on track to retire in their 40s

Embracing the FIRE movement led Disha Spath from significant debt to over $1 million net worth, on track to retire in her mid-40s.

A 36-year-old on track to retire early didn't earn more than $15,000 a year until her late 20s. She explains how she increased her income and how she invests.

Amberly Grant achieved 'coast FIRE' through strategic income growth and investments, allowing her to plan for financial independence and future retirement.

She maxed out tax-advantaged accounts to optimize her savings.

moreretirement-planning

#financial-independence

What's the difference between FIRE, ChubbyFIRE, and FatFIRE? The Internet Weighs In

The FIRE movement promotes early financial saving for independence and retirement.

Setting the right goals poses a challenge for many within the FIRE community.

The lonely march to early retirement: 5 days at a FIRE retreat in Bali with 50 super-savers

The retreat connects participants through emotional sharing and financial independence aspirations, highlighting the personal journeys behind the FIRE movement.

I'm in my mid-20s and have banked $200k - sadly, I am about to lose my job and fear my early retirement dreams will be dead

The FIRE movement offers various paths to financial independence that cater to different lifestyles and spending habits.

I'm 48 with a $1 million retirement portfolio - would recalculating my 4% withdrawal every year let me spend more safely?

Withdrawal rates are crucial for retirement planning; the 4% rule is not universally applicable.

Younger retirees may prefer aggressive withdrawal rates despite the associated risks.

Costs, inflation, and unforeseen expenses affect retirement planning significantly.

Consulting a financial advisor is vital for retirees.

What the FIRE Movement Gets Wrong About Money and Happiness

The FIRE movement misjudges the relationship between money and happiness.

A Gen Xer found retirement overrated after stopping work at 50, so she opened a business

Susan Cesarini exemplifies how the FIRE movement can lead individuals back to work after retirement, balancing professional and personal priorities.

What's the difference between FIRE, ChubbyFIRE, and FatFIRE? The Internet Weighs In

The FIRE movement promotes early financial saving for independence and retirement.

Setting the right goals poses a challenge for many within the FIRE community.

The lonely march to early retirement: 5 days at a FIRE retreat in Bali with 50 super-savers

The retreat connects participants through emotional sharing and financial independence aspirations, highlighting the personal journeys behind the FIRE movement.

I'm in my mid-20s and have banked $200k - sadly, I am about to lose my job and fear my early retirement dreams will be dead

The FIRE movement offers various paths to financial independence that cater to different lifestyles and spending habits.

I'm 48 with a $1 million retirement portfolio - would recalculating my 4% withdrawal every year let me spend more safely?

Withdrawal rates are crucial for retirement planning; the 4% rule is not universally applicable.

Younger retirees may prefer aggressive withdrawal rates despite the associated risks.

Costs, inflation, and unforeseen expenses affect retirement planning significantly.

Consulting a financial advisor is vital for retirees.

What the FIRE Movement Gets Wrong About Money and Happiness

The FIRE movement misjudges the relationship between money and happiness.

A Gen Xer found retirement overrated after stopping work at 50, so she opened a business

Susan Cesarini exemplifies how the FIRE movement can lead individuals back to work after retirement, balancing professional and personal priorities.

morefinancial-independence

#early-retirement

I had $600k saved for retirement in my late 20s and I just found out I inherited $5 million - what's my next move?

Establishing good financial habits early can lead to significant wealth accumulation, even unexpectedly like through an inheritance.

I'm going through a rough patch in my career and am considering retiring with my $5 million portfolio - how can I handle health insurance though?

Planning for healthcare is essential for early retirement, as costs can be debilitating.

FIRE is about comprehensive planning, not just reaching a financial number.

I'm in my 50s and was recently laid off - should I just live off my investments instead of getting another job?

Consider taking time off after a layoff to reflect before job searching.

Rising layoffs are prompting some to consider early retirement instead of seeking new jobs.

I have a small family and just a little less than $1 million saved - how do I determine how much I'll need to finally retire?

Balancing high spending with early retirement goals is challenging.

A disciplined financial approach is key to achieving early retirement.

I had $600k saved for retirement in my late 20s and I just found out I inherited $5 million - what's my next move?

Establishing good financial habits early can lead to significant wealth accumulation, even unexpectedly like through an inheritance.

I'm going through a rough patch in my career and am considering retiring with my $5 million portfolio - how can I handle health insurance though?

Planning for healthcare is essential for early retirement, as costs can be debilitating.

FIRE is about comprehensive planning, not just reaching a financial number.

I'm in my 50s and was recently laid off - should I just live off my investments instead of getting another job?

Consider taking time off after a layoff to reflect before job searching.

Rising layoffs are prompting some to consider early retirement instead of seeking new jobs.

I have a small family and just a little less than $1 million saved - how do I determine how much I'll need to finally retire?

Balancing high spending with early retirement goals is challenging.

A disciplined financial approach is key to achieving early retirement.

moreearly-retirement

#retirement

Suze Orman Warns Retirees: "Two Million Dollars Is Nothing"

Suze Orman asserts that $2 million is insufficient for early retirement, advocating for much higher savings to ensure financial security.

I'm about to retire with $10 million saved in the bank - is it smart to just live off of dividends and interest for a few years

A Redditor demonstrates the feasibility of retirement with a substantial portfolio and low expenses.

Kevin O'Leary says early retirement is a terrible idea and shares why he'll never stop working

Kevin O'Leary argues that continuing to work, even in some capacity, positively impacts both physical and mental health.

I've heard that $10 million is the best amount for early retirement, but I think it should be more

$10 million may be ideal for retirement, but personal circumstances determine actual needs.

Location can greatly influence the amount needed for retirement.

Suze Orman Warns Retirees: "Two Million Dollars Is Nothing"

Suze Orman asserts that $2 million is insufficient for early retirement, advocating for much higher savings to ensure financial security.

I'm about to retire with $10 million saved in the bank - is it smart to just live off of dividends and interest for a few years

A Redditor demonstrates the feasibility of retirement with a substantial portfolio and low expenses.

Kevin O'Leary says early retirement is a terrible idea and shares why he'll never stop working

Kevin O'Leary argues that continuing to work, even in some capacity, positively impacts both physical and mental health.

I've heard that $10 million is the best amount for early retirement, but I think it should be more

$10 million may be ideal for retirement, but personal circumstances determine actual needs.

Location can greatly influence the amount needed for retirement.

moreretirement

I retired early after becoming managing director at a big bank. People should think twice before chasing the FIRE lifestyle.

Achieving financial freedom led Eric Sim to reevaluate his post-career ambitions, favoring meaningful work over the traditional FIRE lifestyle.

We're in our mid-40s, earn $1.2 million a year, and are thinking about having kids-is it too late?

Waiting too long to have children can have significant implications, emphasizing the balance between career advancement and family planning.

#fire-movement#fire-movement

Why Planning for Retirement at 60 Is Causing Me Anxiety About the Future

We have $7 million saved for retirement - can I afford to not work anymore if I get laid off?

I'm being forced to retire early and not sure if I should take it or not because I'm 40% away from my financial goal of retirement

What If the 4% Rule Meant Something Else?

How a millennial couple went from $750,000 in debt to being on track to retire in their 40s

A 36-year-old on track to retire early didn't earn more than $15,000 a year until her late 20s. She explains how she increased her income and how she invests.

Why Planning for Retirement at 60 Is Causing Me Anxiety About the Future

We have $7 million saved for retirement - can I afford to not work anymore if I get laid off?

I'm being forced to retire early and not sure if I should take it or not because I'm 40% away from my financial goal of retirement

What If the 4% Rule Meant Something Else?

How a millennial couple went from $750,000 in debt to being on track to retire in their 40s

A 36-year-old on track to retire early didn't earn more than $15,000 a year until her late 20s. She explains how she increased her income and how she invests.

What's the difference between FIRE, ChubbyFIRE, and FatFIRE? The Internet Weighs In

The lonely march to early retirement: 5 days at a FIRE retreat in Bali with 50 super-savers

I'm in my mid-20s and have banked $200k - sadly, I am about to lose my job and fear my early retirement dreams will be dead

I'm 48 with a $1 million retirement portfolio - would recalculating my 4% withdrawal every year let me spend more safely?

What the FIRE Movement Gets Wrong About Money and Happiness

A Gen Xer found retirement overrated after stopping work at 50, so she opened a business

What's the difference between FIRE, ChubbyFIRE, and FatFIRE? The Internet Weighs In

The lonely march to early retirement: 5 days at a FIRE retreat in Bali with 50 super-savers

I'm in my mid-20s and have banked $200k - sadly, I am about to lose my job and fear my early retirement dreams will be dead

I'm 48 with a $1 million retirement portfolio - would recalculating my 4% withdrawal every year let me spend more safely?

What the FIRE Movement Gets Wrong About Money and Happiness

A Gen Xer found retirement overrated after stopping work at 50, so she opened a business

I had $600k saved for retirement in my late 20s and I just found out I inherited $5 million - what's my next move?

I'm going through a rough patch in my career and am considering retiring with my $5 million portfolio - how can I handle health insurance though?

I'm in my 50s and was recently laid off - should I just live off my investments instead of getting another job?

I have a small family and just a little less than $1 million saved - how do I determine how much I'll need to finally retire?

I had $600k saved for retirement in my late 20s and I just found out I inherited $5 million - what's my next move?

I'm going through a rough patch in my career and am considering retiring with my $5 million portfolio - how can I handle health insurance though?

I'm in my 50s and was recently laid off - should I just live off my investments instead of getting another job?

I have a small family and just a little less than $1 million saved - how do I determine how much I'll need to finally retire?

Suze Orman Warns Retirees: "Two Million Dollars Is Nothing"

I'm about to retire with $10 million saved in the bank - is it smart to just live off of dividends and interest for a few years

Kevin O'Leary says early retirement is a terrible idea and shares why he'll never stop working

I've heard that $10 million is the best amount for early retirement, but I think it should be more

Suze Orman Warns Retirees: "Two Million Dollars Is Nothing"

I'm about to retire with $10 million saved in the bank - is it smart to just live off of dividends and interest for a few years

Kevin O'Leary says early retirement is a terrible idea and shares why he'll never stop working

I've heard that $10 million is the best amount for early retirement, but I think it should be more

I retired early after becoming managing director at a big bank. People should think twice before chasing the FIRE lifestyle.

We're in our mid-40s, earn $1.2 million a year, and are thinking about having kids-is it too late?

#fire-movement
#fire-movement