We had packed lunches every day for 10 years and retired at 40

The FIRE movement, which stands for Financially Independent, Retire Early, encourages followers to save substantial portions of their income. Practitioners of this approach typically aim to accumulate enough assets to sustain living expenses without employment. Strategies commonly used include reducing discretionary spending, increasing income, and investing savings. Individual outcomes vary based on personal circumstances, investment returns, and cost of living.

Next story