Fire

Showing 50 results of 138

Fast FIRE: Achieving Financial Independence in 5 Years

Dec 17 2024

Doctors know all about job burnout. It’s the reason why so many pursue the FIRE movement to find early financial ... Read more...

physicianonfire.com

Physician on FIRE Monday Markets: Fed Decisions and Consumer Strength Under the Microscope

Dec 16 2024

As the Fed prepares to cut rates and investors brace for fresh retail data, a stubbornly resilient consumer number could ... Read more...

physicianonfire.com

Teaching My 5-Year-Old Twins About Money: Opening Their First Bank Accounts

Dec 15 2024

Financial literacy is a cornerstone of independence and success. As a father committed to the principles of Financial Independence, Retire Early (FIRE), I believe it’s never too early to start t...

dadisfire.com

15k Subscriber Live Q&A Friday!

Dec 12 2024

FAANG FIRE celebration! With 15k subscribers, we're diving into FIRE insights, top growth milestones, and strategies for financial independence. Don't miss our live Q&A on November 1st....

faangfire.com

The FAANG FIRE Audience Insights

Dec 12 2024

The initial data for the 2024 FAANG FIRE audience survey is in. More time is needed for the full analysis, but this post includes all the initial high level data into the results....

faangfire.com

FAANG FIRE Book Club

Dec 12 2024

There was overwhelming support for a broadly FIRE themed book club! We’ll cover a mix of classic staples like The Simple Path to Wealth by JL Collins and The Little Book of Common Sense Investin...

faangfire.com

How Much is Enough to FIRE in San Francisco?

Dec 12 2024

Welcome to the second part of the series where I am trying to identify how much is “enough” to retire early in San Francisco. Two years ago I had determined that my “Enough Number&rd...

faangfire.com

Physician on FIRE Monday Markets: Dovish Cuts, Trade Riddles & Tech’s Triumph

Dec 09 2024

Welcome back to Physician on FIRE’s weekly market updates! Next week’s U.S. inflation data could flip the switch on a ... Read more...

physicianonfire.com

Small-Cap Value Stocks: Diversification or Di-WORSE-fication?

Dec 04 2024

December 2, 2024 – Many of you have asked me to comment on a recent phenomenon in the FI/FIRE community: Small-Cap Value (SCV) Stocks. Oh, my! Just when I thought we were making progress in the ...

earlyretirementnow.com

November 2024 FIRE Update

Dec 03 2024

Hey everyone! Did you have a good month? November was an interesting month. We had the Presidential election in the U.S. and emotion ran high. I was disappointed with the ... Read more The post Novemb...

retireby40.org

Physician on FIRE Monday Markets: Manufacturing Comebacks and AI on Hold

Dec 02 2024

Welcome back to Physician on FIRE’s weekly market updates! In the weeks ahead, markets are brimming with opportunities as President-elect ... Read more...

physicianonfire.com

The Benefits of FIRE

Nov 27 2024

Now that we know what FIRE is, let’s learn the benefits. In this episode of Retirement Answer Man, Kevin Sebesta joins me to discuss the benefits of FIRE. Afterward, Mark Ross comes aboard to no...

share.transistor.fm

'FIRE' ETFs catering to retire-early strivers make their debut

Nov 21 2024

Two new ETFs, the FIRE Funds Wealth Builder ETF (FIRS) and FIRE Funds Income Target ETF (FIRI), cater to the growing FIRE movement....

financial-planning.com

Black Friday: The FIRE-Savvy Approach to Avoiding Post-Holiday Regret

Nov 15 2024

Several years ago, I made a “killer” Black Friday score. I’d been eyeing a sleek set of headphones, and after ... Read more...

physicianonfire.com

Twelve Reasons Your FIRE Number is Wrong

Nov 12 2024

You’ve got a target number. When your investments add up to it, eureka! You’ve reached financial independence. Retiring early is ... Read more...

physicianonfire.com

October 2024 FIRE Update

Nov 04 2024

Hey everyone! Did you have a good month? October flew by for us. RB40Jr was busy with Ultimate Frisbee and Wushu almost every day. I started a ceramic class and ... Read more The post October 2024 FIR...

retireby40.org

15k Subscriber Live Q&A Friday!

Oct 29 2024

FAANG FIRE celebration! With 15k subscribers, we're diving into FIRE insights, top growth milestones, and strategies for financial independence. Don't miss our live Q&A on November 1st....

andrenader.substack.com

FI Has Taken Over My Life

Oct 10 2024

I discovered FIRE in October of 2012 when a google search led me to MMM: How do I retire early? I wasn’t expecting much. The search was a hail mary move during a difficult part of my life. But M...

1500days.com

The FAANG FIRE Audience Insights

Oct 08 2024

The initial data for the 2024 FAANG FIRE audience survey is in. More time is needed for the full analysis, but this post includes all the initial high level data into the results....

andrenader.substack.com

September 2024 FIRE Update

Oct 07 2024

Hey everyone! Did you have a good month? September was glorious in the Pacific Northwest. The weather turned cooler, RB40Jr started 8th grade, and life settled into a familiar rhythm ... Read more The...

retireby40.org

FAANG FIRE Book Club

Oct 01 2024

There was overwhelming support for a broadly FIRE themed book club! We’ll cover a mix of classic staples like The Simple Path to Wealth by JL Collins and The Little Book of Common Sense Investin...

andrenader.substack.com

Should You Consider a Sabbatical?

Sep 24 2024

For most people with above average incomes and the willingness to save and invest, becoming financially independent and having the ability to retire early (FIRE) is not only achievable, it is the inev...

caniretireyet.com

Ask a Financial Pro: I'm a CFP. Here's What I Really Think of FIRE

Sep 20 2024

FIRE involves making large sacrifices to achieve financial independence at a younger age....

money.usnews.com

Financial Confidence is the New Financial Independence

Sep 19 2024

The FIRE movement made the rounds in national news for a few years and still gets a head nod here and there. The early retirement (RE) part of FIRE always received more criticism because it’s th...

retirebeforedad.com

Young People Shouldn’t Stress About FIRE

Sep 16 2024

When I started blogging, I often lamented that I didn’t learn about FIRE when I was in my 20s. I could have saved more and retired from my engineering career ... Read more The post Young People ...

retireby40.org

9 Mental Shifts Required for a Successful FIRE Journey

Sep 12 2024

When I retired at 42 in 2021, I discovered the concept of Financial Independence Retire Early, also known as FIRE. Even though I had already reached financial freedom, understanding the mindset behind...

dadisfire.com

August 2024 FIRE Update

Sep 10 2024

Hey everyone! Summer is over. Our son is back in school and the weather is turning cooler. It’s nice and quiet at home again. Ahhh… August was a tough month ... Read more The post August ...

retireby40.org

What Can I Learn from the FIRE Movement?

Sep 04 2024

Those who have FIREd like Keven Sebesta are choosing to rock life each day. In this final episode on the FIRE movement, we’ll explore what we can learn from them. Join Kevin and me to discover h...

share.transistor.fm

The Challenges of FIRE

Sep 04 2024

Over these past few weeks, we have been discussing the FIRE movement with Kevin Sebesta, a coach in the RRC who achieved FIRE some time ago and has been rocking retirement ever since. This week Kevin ...

share.transistor.fm

What Is the FIRE Movement?

Sep 04 2024

Have you heard of the FIRE movement? It’s become increasingly popular in the past few years. Even if you are technically too old to retire early, there is something we can all learn from FIRE se...

share.transistor.fm

Reader Case: Should this Single Dad Buy an Investment Property?

Sep 03 2024

The reader cases in our inbox is piling up again, so without further ado, here’s the latest one that caught my eye. The subject was about a single dad working towards FIRE and ever since we beca...

millennial-revolution.com

Is FIRE Still Possible in 2024?

Aug 28 2024

We’ve all collectively been through a rough few years. After a brutal global pandemic and stock market crash, followed by years of inflation and the subsequent rise in interest rates, you can be...

millennial-revolution.com

July 2024 FIRE Update

Aug 21 2024

Hey everyone! Thank you for all the well wishes. I’m recovering from the shingles outbreak on my face. The shingles got down to my left eyelid and I was worried ... Read more The post July 2024 ...

retireby40.org

What is Coast FIRE? The Ultimate Guide to Semi-Retirement

Aug 14 2024

Do you like the idea of early retirement, but you don't want to have to save every penny? Do you seek financial independence, but you don't want to permanently leave the workforce? Then Coast FIRE mig...

ofdollarsanddata.com

Why FIRE Is So Hard for Some People and What They Can Do About it

Aug 05 2024

After being retired for 10 years and preaching about FIRE, I’ve learned somethings about why certain people are more resistant to FIRE than others, but overall, it’s still a mystery. In fa...

millennial-revolution.com

Stuck No More

Jul 29 2024

We love doing reader cases on this blog, as that’s kind of our way of giving back to the FIRE community that has been so kind to us over the years. Most of the time, we don’t really have a...

millennial-revolution.com

Went Back To Work And Could Only Last Four Months: Here’s What Went Wrong

Jul 24 2024

After 12 years of FIRE (financial independence retire early), I went back to work. Unfortunately, I only lasted four months. Here's my story of what went wrong. I purposefully waited months to release...

financialsamurai.com

Reader Case: Artist Floundering Around FIRE

Jul 23 2024

Hi FIRECracker and Wanderer (and Little Matchstick), I could also title this, “I think I’m mathing my shit wrong.” I’ve never been a Mathlete and always like to use the excuse ...

millennial-revolution.com

Not Having Kids Is Your FIRE Super Power: Don’t Blow It!

Jul 19 2024

There's a classic saying, “Youth is wasted on the young.” It's meant to convey that those who are young lack the perspective to appreciate all the advantages of youth and thus take it for ...

financialsamurai.com

June 2024 FIRE Update

Jul 01 2024

Hey Everyone! This FIRE update will be a short one because I’m on vacation in Japan. We are exhausted from walking around so much every day. Fortunately, I got us a room at the Dormy Inn. This h...

retireby40.org

Reader Case: Teachers Fast Track FIRE with Flag Theory

Jun 18 2024

Today’s reader case really caught my eye because not only are they not six-figure STEM people, they love traveling as much as we do. Plus, they are able to do this FIRE thing on a combined $145k...

millennial-revolution.com

May 2024 FIRE Update

Jun 04 2024

Hey everyone! Wow, it’s almost summer. The months are flying by quickly. That’s what happens when life is good. May was a busy month for me. I went to the gym, delivered some lunches, work...

retireby40.org

The Stinginess of Financial Independence: Careful Being Too Cheap

May 20 2024

With the New York Times article on Fat FIRE, I've been thinking a lot more about the repercussions of achieving financial independence and retiring early. One of those repercussions is that financial ...

financialsamurai.com

4 Lessons For Anyone From The FIRE Movement

May 13 2024

Incorporating these FIRE practices into your daily living can enrich your life and put you on the path to rocking retirement (at any age!)....

forbes.com

Behind The Headlines: My Experience Working With The New York Times

May 11 2024

On August 7, 2023, I received an email from Amy X. Wang, the assistant editor at the New York Times Magazine, inquiring about the modern-day FIRE movement and its Fat FIRE offshoot. Amy is a self-proc...

financialsamurai.com

Meet the FIRE Savers Who Retired Early

May 07 2024

Meet the schemers and savers obsessed with ending their careers as early as possible....

nytimes.com

April 2024 FIRE Update

May 06 2024

Hey everyone! Wow, it’s May. The months are flying by so quickly. That’s what happens when life is good. April was a busy month for me. I went to the gym, delivered some lunches, worked on...

retireby40.org

How Much is Enough to FIRE in San Francisco?

May 02 2024

Welcome to the second part of the series where I am trying to identify how much is “enough” to retire early in San Francisco. Two years ago I had determined that my “Enough Number&rd...

andrenader.substack.com

The FTC Noncompete Ban: What It Means for Your Physician Contract and FIRE Journey

Apr 30 2024

The Federal Trade Commission’s (FTC) recent decision on noncompete clauses could be the golden parachute you’ve been planning for. Imagine ... Read more...

physicianonfire.com

Interview With The Mad FIentist

Apr 29 2024

The Mad FIentist (Brandon) is a FI legend. Many of his posts are cornerstone content for planning and executing FIRE life. These stand out: And my all-time favorite: How To Access Retirement Funds Ear...

1500days.com

About Fire

FIRE stands for "Financial Independence, Retire Early." It is a movement or lifestyle choice that aims to allow individuals to retire much earlier than the typical retirement age by saving and investing a significant portion of their income and living frugally. The goal of FIRE is to achieve financial independence, which is defined as having enough passive income or assets to cover one's living expenses without the need to work for pay.

There are different approaches to achieving financial independence and retiring early, but one common approach is to save a high percentage of one's income, invest in a diversified portfolio of assets such as stocks, bonds, and real estate, and live below one's means. By doing so, it is possible to accumulate enough wealth to provide a sufficient passive income stream to support oneself without the need to work.

It is important to note that achieving financial independence and retiring early requires a significant amount of planning and discipline, and it is not something that is achievable for everyone. It also requires a certain level of risk tolerance, as investing in the financial markets carries the potential for losses as well as gains. It is important to carefully consider one's financial goals and circumstances before embarking on the FIRE journey.