05 April 2023

Your Guide To Early Retirement

K S Rao
Early retirement is a dream that many people aspire to, as it allows one to have the freedom to pursue their passions and interests without being tied down by financial constraints. For people who want to retire early, the FIRE (Financial Independence, Retire Early) concept is a good way to get to financial independence. The Concept Of FIRE FIRE, or Financial Independence Retire Early, is a movement that advocates for early retirement through saving, investing, and frugal living. Its goal is to save enough money, so you don’t need to work to pay your bills. This is a sustainable way to become financially independent. Here are three stages that you will need to cross in the journey of achieving FIRE: Stage 1: This involves ascertaining why early retirement is your goal and overhauling your spending, saving, and investing habits to prepare for it. While you’re figuring that...
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