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.
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A stroke neurologist by training and landscape photographer by passion, Nirav H. Shah has achieved significant breakthroughs in improving patient ... Read more...
Jorge Sanchez’s inspiring entrepreneurial journey is no less than a piece of fiction. His path to success has often been ... Read more...
Quick note: I’ve been thinking a lot about happiness lately. I’m at a good place in life, the best I’ve been in decades, so have a lot to say on the matter. On Monday, tune in for Pa...
Hey everyone! Autumn is here. The day is getting shorter and colder. Most Portlanders have been waiting for the comforting cloudy days, but not me. I love the long bright summer days. Lately, I feel t...
Over the past few years, more and more people are looking to achieve financial independence and retire early. This has led to the popularization of the FIRE (Financial Independence, Retire Early) move...
Hey everyone. I have an announcement to make. Heh heh. The announcement always means trouble, especially at the dining table. But this isn’t a huge deal. I’m planning to work a bit more to...
March 10, 2023 After seven years of blogging in the personal finance and FIRE community, I realize that there’s one type of post I’ve always avoided: How to explain FIRE to a complete newb...
The backdoor Roth is touted as an important, no-brainer move for a high-income investor to make. This post explores the marginal benefit of doing so....
Understanding the concept of Enough is crucial. John Bogle gets it. So does Joseph Heller. Do you know what Enough means in your life?...
A step by step guide that shows you how to successfully complete a Backdoor Roth IRA contribution via Vanguard in 2023 (for a mutual fund or brokerage IRA)....
We are big believers in financial independence! But did you know we also think Coast FIRE is better than traditional FIRE? Find out why!...
Money can’t buy happiness. I’m pretty sure we’ve all heard that cliche, complete with some chiding reason to abandon your financial goals altogether. And while I agree with that statement at fac...
After years of slowly kindling among fringe enthusiasts, the trend of penny-pinching to quit work is catching on like wildfire. FIRE (Financial Independence-Retire Early), first popularized as a core ...
Today’s interviewee is a young 45, has a single fund in his portfolio, and has an extremely low withdrawal rate ... Read more...
Hey everyone! January was a nice month, wasn’t it? The stock market did quite well. Inflation seems to be taming. The job market is still strong. Things are looking up. Our net worth increased a...
Early retirement / FIRE is becoming obsolete and that’s a good thing! As one of the pioneers of the modern-day FIRE movement, I’ve witnessed many changes since 2009. In the good old days, ...
As I near my 10th year of early retirement, I’ve had a lot of time to reflect on what it means to “FIRE”. And, I’ve been toying with the idea of redefining FIRE altogether. If ...
Retiring early and becoming financially independent is a good goal. But most goals aren’t achieved unless you map out a ... Read more...
So understanding that value proposition all of us have in trading our time for money is one of ten lessons that our poster, Tawcan, has learned during his...
Reaching Coast FIRE has given me more room to take chances and pursue a more fulfilling life. Learn how I got to this point of financial independence....
Are you saving enough? It's the most basic of questions. Yet, I’m always so disappointed when I see an article showing how low the US savings rate is. A recent study by Fidelity showed that th...
Saving for FIRE is the last thing on the minds of most people. Although almost everyone dreams of being financially independent and retiring early, very few are doing anything about it. Americans ...
One of the reasons I accepted Portfolio Penguin's book deal in 2019 was to demonstrate to my kids the importance of work. Not working sets a bad example if you are a FIRE parent. If I spent two and a ...
I’ve now been interested in personal finance, investing and FIRE since late 2007. That’s a long time and means I still follow a number of what are now old school largely US based but still largely rel...
Trump’s decision to revoke Temporary Protective Status for immigrants will damage long-term care in the US. One facility had to fire 19 Haitian staffers.
Financial Assessment (Meet with an experienced professional): https://bit.ly/PureFreeAssessment 11 rapid-fire spitballs today from Joe Anderson, CFP®, and Big Al Clopine, CPA, on Your Money, Your Weal...
If your portfolio has been underperforming, you might need to fire your adviser. That gets tricky if you share a friend group.
One of the key ways to FIRE is to save and invest aggressively. You've forecasted your misery, therefore, you know that by the time your misery becomes a reality, you'll have invested enough money to ...
From JL: Turns out you can still travel, even with a kid. Who knew? Certainly not their detractors. For years they confidently said, “You can only travel as you do, and be FIRE’d, because you don’t ha...
Can you retire early if you are a parent and don’t have a six-figure salary? It’s a question the FIRE community gets often. Well, today we’re going to meet a reader who worked as a librarian, has a to...
Happy 2026! Get the updated FAANG FIRE Cheat Sheet with new 401k limits ($24.5k), tax brackets, and triple paycheck dates.
As a FIRE parents raising two children in San Francisco, we rely heavily on our investments to remain free. If we significantly misjudge returns, we increase the probability of having to go back to wo...
Hear Paula discuss the importance of values-driven money decisions, human-centered strategies for navigating complexity, and her unique Double-I FIRE framework. The post Podcast 105: You Can Afford An...
As someone who has been writing about financial independence and escaping corporate America since 2009, I’ve developed several rules that serve as the backbone for achieving FIRE and staying free. The...
A fellow FIRE blogger, MrNomadNumbers, came to visit us in Valencia recently and showed me some AI capabilities that blew my mind. Before he retired, he was a software developer, like us, so he knows ...
This FIRE experiment has been quite a ride. Through the ups and downs, I’ve documented our investing journey on this blog so that anyone can see how a portfolio like the one we taught in the Inv...
A 401(k) isn't the only way to fire up your savings. There are other tax-smart ways to build a nest egg, including these three out-of-the-box moves used by the richest retirees....
When you build a house, you never entertain the thought of skipping the fire alarms or skimping on the wiring. ... Read more...
The Not Advice Podcast is live! I’m co-hosting with Brent Sullivan (Tax Alpha Insider) to nerd out on RSUs, equity comp, FIRE, and more. Episode 2 streams Thursday, August 7th at 11am PT on Link...
From all of us at FAANG FIRE, we wanted to wish you and your loved ones a heartfelt Happy Triple Paycheck Month....
“How do I get my family and friends onboard the FIRE train? We’ve had little success. Some friends are excited in the beginning but lose steam over time. Others aren’t interest at al...
A FAANG-focused breakdown of the One Big Beautiful Bill (OBBB). What actually changes for high earners, W2 employees, and FIRE planners....
My previous post really caught fire, and I think it led to some good discussions. I felt it was important to follow up. My wife and I had a great discussion last night. Although she didn’t come ...
Side hustles might be slowing your FIRE progress. Learn a more effective approach to financial independence....
It has been more than 2 years since my last post.  Maybe more importantly in round numbers it has also now been around 18 years since I started on my FIRE journey, 16 years since I started th...
Today’s reader case comes from a reader contemplating a move abroad and is wondering how this might speed up their journey to FIRE. Let’s find out! Hi, I loved your book and blog (binge re...
What I wrote, shared, and got quoted on this month — from $5.65M FIRE projections to WSJ quotes, market drops, and 750K-view LinkedIn posts....
Since February 4th, I’ve been thinking about what a “FIRE Bundle” could look like....