View all Live Free Money posts on F.I.R.E. (Financial Independence Retire Early) This is where you can find posts about early retirement, becoming financially independent, FIRE definitions, my personal story, and more. No matter where you are currently at on your journey, I’m sure we have something for you!
So many people are wondering how to reach financial independence. The financial independence movement has become more prevalent in recent years. Many have realized the importance of growing their savings and investments — but becoming financially independent isn’t just about having a bunch of money in the bank. It’s about having more control over how … Read more
Understanding LeanFIRE – All You Need to Know! What is leanFIRE? It’s is part of the FIRE (financial independence, retire early) community. The FIRE community helps people retire before the average age, 60-65 years old. You may be wondering how that works and if you want to find out how any individual can do that, … Read more
Financial independence planning is the idea of getting enough money to pay your living expenses for the remainder of your life. Specifically through passive income. Meaning that, without working, your investments will generate enough money for you to survive. Making a financial plan A great approach is used in developing a good Financial Independence Plan. … Read more
Are you looking for ways to retire early at 50? Maybe you’re just learning about retirement now. Maybe you’ve been planning on a traditional retirement at the age of 65 but are looking to bump it up? Either way, this is the article for you! Retirement is the point in one’s life when one no … Read more
Retirement is a goal that many people strive for. However, settling for 65 as your official retirement age means missing out on years you can potentially spend living life to the fullest. Let’s look at the many reasons people want to retire early. By now you’ve probably heard of the FIRE movement! Maybe you’ve ever … Read more
Are you looking to retire young? Most people eventually get their act together financially, more or less. But nothing will pay greater financial benefits than Father Time. For many people, by the time they learn these essential elements of wealth building, too much time has passed, and they’re left scrambling. Begin to build these simple … Read more
Let’s talk about how to keep health insurance when you retire early. For this post, I’m going to assume you are an American. Otherwise, you probably have a million better options! It’s likely safe to assume you are under 65, have been saving for a bit, and are interested in retiring early. We have the … Read more
If you’ve been reading about F.I.R.E. for a while, you’ve probably heard about the 4% rule. But what is it exactly? Simply put, it states: You can safely withdraw 4% of your portfolio every year for infinite years. It’s essential to have a retirement calculation that works for infinite years because otherwise, financial advice would be highly dependent on: … Read more
This is my rundown of the best reddit retire early communities. I write a lot about FIRE (Financial Independence, Retire Early). It’s one of my favorite topics! If you’re just here for the list, I got you! Here they are: r/Fire – FI/RE – Financial Independence & Retiring Early r/fatFIRE – Wealth and Financial Independence/Retire … Read more
LeanFIRE vs FatFIRE? Are you part of the F.I.R.E. movement? Are you hoping to lean FIRE? Normal FIRE? Fat FIRE? With so many options, it’s hard to know which one is right for you! Let’s take the four most common forms of F.I.R.E. and define them. Coast FIRE – You have enough saved for retirement … Read more
