The FIRE movement, short for Financial Independence Retire Early, has really picked up steam since the financial crisis. If you’re feeling early retirement FOMO, it’s important you know the risks of FIRE before you take the leap. In 2009, I helped ignite and start the FIRE movement when I started Financial Samurai to discuss achieving financial independence at […]
The Risks Of FIRE: Financial Independence Retire Early Read More »
FIRE stands for Financial Independence Retire Early. Financial Samurai helped start the modern-day FIRE movement when this site began in 2009. This post will explain the main fundamentals of FIRE so you can decide if it’s a lifestyle worth exploring further for your future. With now over 1 million organic pageviews a month, Financial Samurai
The Fundamentals Of FIRE (Financial Independence Retire Early) Read More »
As someone who helped ignite the modern day FIRE movement back in 2009 when Financial Samurai began, I’m amazed at how popular the movement has come! There are so many different types of FIRE to fit different people’s lifestyles. Today, we’ll discuss what is Coast FIRE and whether it’s the right type of FIRE for
What Is Coast FIRE And Is It The Right Retirement Path For You? Read More »
Fake FIRE or being a FIRE fraud is when you claim you are FIRE (Financial Independence Retire Early), but you’re really not. Fake FIRE or FIRE fraud is a false type of FIRE that is gaining a lot of steam because of the desire for instant gratification. People who are Fake FIRE want things and
Fake FIRE Or FIRE Fraud: A False Type Of Financial Independence Read More »
Many people have negative views on young retirees who pursue FIRE (Financial Independence Retire Early). They’re spoiled. They’re lazy. They’re entitled. Their parents helped them. They’re leeches to society! How can you blame people for hating on the FIRE lifestyle given only about 5% of Americans retire before the age of 55? For most Americans, they
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FIRE is a popular topic. But what about the dark side of FIRE? This post shares some poignant FIRE confessionals to help keep things real. When I started writing about achieving financial independence in 2009, there wasn’t a lot of hoopla. We had people mainly discussing how they were building large enough investment portfolios to
FIRE Confessionals: How A Bear Market Has Impacted The Financial Independence Movement Read More »
It hit me like a well-struck softball taking an odd bounce into a third baseman’s face. The FIRE movement will help narrow the gender pay gap over time. Let me explain my logic on why ardent supporters of equality should embrace the FIRE movement to the fullest. I’ve been writing about FIRE since 2009, when
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There’s a fear of screwing up our kids as FIRE parents (financially independent retired early parents). If kids grow up in a nice home and don’t see their parents working, it becomes easier for kids to take money, life, and work for granted. As a parent, the last thing you want to do is raise
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On December 10, 2008, Bernie Madoff’s two sons told authorities their father was running a $65B Ponzi scheme for decades. Supposedly the sons and mother had no idea. Beware, ponzi schemes are everywhere. Bernie’s scheme began to unravel after the financial crisis in 2008 catalyzed a series of fund redemptions, which ultimately forced Bernie to come clean to
The Father Of All Ponzi Schemes Will Cause The Mother Of All Financial Meltdowns Read More »
It’s hard enough to retire early, say before age 45. However, I’ve discovered it may be even harder to stay retired once you retire early! As I was going through my archives, I realized I had a master plan to re-retire by September 1, 2022, several months after my 45th birthday. Given the birth of
Why It’s So Hard To Stay Retired Once You Retire Early Read More »
