3 Retirement Realities the FIRE Movement May Not Prepare You For
Retiring in your early 50s or even your 40s might sound like a fantasy to you. But for Financial Independence, Retire Early (FIRE) movement participants, it's a very real goal. They save aggressively -- often more than 50% of their annual income -- in the hope they can leave the workforce well in advance of what's considered normal.Few would argue with the appeal of a longer retirement, but before you go down that road, it's important to understand what you're signing up for. Here are three less-glamorous aspects of a FIRE retirement you may not be prepared for.Image source: Getty Images.Continue reading
Retiring in your early 50s or even your 40s might sound like a fantasy to you. But for Financial Independence, Retire Early (FIRE) movement participants, it's a very real goal. They save aggressively -- often more than 50% of their annual income -- in the hope they can leave the workforce well in advance of what's considered normal.
Few would argue with the appeal of a longer retirement, but before you go down that road, it's important to understand what you're signing up for. Here are three less-glamorous aspects of a FIRE retirement you may not be prepared for.
Image source: Getty Images.
