FIRE movement: Difference between revisions
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Abbreviation for Financial Independence, Retire Early. | Abbreviation for Financial Independence, Retire Early. | ||
The idea is for individuals to save at a much greater rate than is usual by decreasing their personal expenses and investing in assets that produce passive income. | The idea is for individuals to save at a much greater rate than is usual by decreasing their personal expenses and investing in assets that produce passive income. | ||
Revision as of 10:52, 8 July 2021
Abbreviation for Financial Independence, Retire Early.
The idea is for individuals to save at a much greater rate than is usual by decreasing their personal expenses and investing in assets that produce passive income.
By doing so successfully, they may be able to retire at a much younger age than most other people do.
