How to use the FIRE method for early retirement?
FIRE stands for Financial Independence, Retire Early and is a financial rule for early retirement planning.
For many individuals, early retirement is the realisation of their financial independence dream. Early retirement offers numerous advantages, including the ability to live a stress-free retirement with your family. Nevertheless, before taking this decision, individuals should ensure that they have enough money set up for their post-retirement expenses and monthly living expenses. F.I.R.E. stands for "Financial Independence, Retire Early" and is a financial rule for early retirement planning. Hence, let's learn from our sector specialists how one may use this rule to his or her advantage and prepare for early retirement.