Fire

Showing 50 results of 125

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

The Motley Fool Review: Unbiased Review of Investment Services

Apr 25 2024

Active investing in the stock market is a strategy for building long-term wealth that’s not often part of FIRE. Leif ... Read more...

physicianonfire.com

Is FIRE Out of Reach for Gen Z?

Apr 16 2024

FIRE can be daunting when you’re starting out. When you’re young, you want to enjoy life and have fun. Saving for retirement is important, but it looks like a distant future when you&rsquo...

retireby40.org

Reader Case: Am I Fake FIRE?

Apr 08 2024

Today’s reader case comes from the Czech Republic (now Czechia). I loved Prague when we visited, Czechia will always hold a special place in our heart for the classical medieval architecture com...

millennial-revolution.com

March 2024 FIRE Update

Apr 02 2024

Hey, everyone. It’s April and spring is here. What’s that bright ball in the sky?! Oh, it’s the sun. That’s what Portlanders say after a long gloomy winter. Finally, we have a ...

retireby40.org

FIRE Lessons From ex-AMZN Director Dave Anderson

Mar 23 2024

Hey FAANG FIRE! Today’s newsletter is a special one, and not just because I was sitting at my keyboard last week eating my avocado toast while contemplating the existential implications of my ne...

andrenader.substack.com

FIRE: The Greatest Gift for My Son

Mar 19 2024

Are you setting a good example for your kid? Shouldn’t you work full-time at the office to support your family? What are you teaching your son by retiring early? These are valid questions. I lef...

retireby40.org

Officially Semi-FIRE'd!

Mar 14 2024

I have been dancing around this for the past few months. Let’s go ahead and make it official. Andre, what do you do? I am now officially semi-FIRE (Financially Independence, Retire Early). I eve...

andrenader.substack.com

The Sacrifices We Make To Achieve Financial Independence

Mar 12 2024

One of the most commonly asked questions I get is whether I had to make sacrifices in my pursuit of FIRE (financial independence and retire early). When they refer to sacrifices, what they really mean...

financialsamurai.com

Strategies for Diversifying Away from FAANG+ Company Stock

Mar 08 2024

Hey FAANG FIRE! Over the last three months, Apple, Google, Nvidia, Meta, Uber, Microsoft, and countless other tech stocks have hit their all-time highs. While I personally have always sold my RSUs eac...

andrenader.substack.com

What Can I Learn from the FIRE Movement?

Feb 28 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...

rogerwhitney.libsyn.com

Coast FIRE: A Retire-Early Strategy For Retirement

Feb 23 2024

Learn what is Coast FIRE and how it can help you achieve financial freedom to help you enjoy retired life before your 60s....

forbes.com

The Most Dangerous Early Retirement Strategy To Follow: Coast FIRE

Feb 23 2024

In 2009, I established my first rule of FIRE: generate enough passive income to cover your basic living expenses. Once achieved, you attain financial independence and the freedom to pursue your desire...

financialsamurai.com

Throwing ICE on FIRE

Feb 22 2024

The mainstream financial media’s portrayal of early retirement has always felt disingenuous, leading with “this 30-something retired” or some variation of that hook, then later highl...

retirebeforedad.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.