We’re looking at a movement that is sweeping the financial world, FIRE or financial independence retire early. What would you do if you could retire early, in your 50s, 40s or even 30s! In this video we delve into the different types of fire covering lean fire, fat fire, traditional fire, coast fire and barista fire and how you too can make your dream of financial freedom a reality.

We'll also breakdown the shockingly simple math of retiring early. How to calculate your FI number and how the 4% rule works. A big part of the fire movement comes down to savings rate, the more you save, the earlier you can retire. While the average age of retirement around the world is 65, can you guess a country that's much lower than that! If you don't want to wait that long, then this growing trend of FIRE is something you should consider.

There are several misconceptions about the movement, like not being able to FIRE if you're older, having to make six figures to retire early, having kids preventing you from achieving fire, fire means sacrificing a lot and that you retiring is an obligatory part of fire.

Financial Independence? I'd like that! Retiring early? That's up to you!

0:00 - Intro
1:10 - What is FIRE
2:07 - Shockingly simple math behind early retirement
3:24 - The 5 types of FIRE
4:34 - Misconception #1 - You can't FIRE if you're older
4:58 - Misconception #2 - You have to make six figures to FIRE
5:58 - Misconception #3 - You can't FIRE with kids
6:33 - Misconception #4 - You have to sacrifice a lot to FIRE
7:00 - Misconception #5 - You MUST retire
7:47 - My current steps to FIRE, 3 things you should be doing

Music: Bensound
Sound effects: [ Ссылка ]

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