FIRE movement FIRE (financial independence, retire early) mea | Retire at 40

FIRE movement

FIRE (financial independence, retire early) means financial independence and early retirement. The movement is developed and popular in the USA, there are already many examples of young retirees and a bunch of articles / blogs with unique experiences.

Fundamental principles:
1. Maintain a budget and save 50% of your income;
2. Rejection of the cult of consumption;
3. Investing.

Refusal of a car, simple clothes, a minimum of equipment, an ordinary phone instead of an iPhone, lack of credits - all this is already a consequence and details of a particular "fireman".

As in any movement, there are also fanatics here. Some live on water and beans for years, save 90% of their income, buy nothing at all, work 24/7, and retire in 5-7 years. These survival challenges are definitely not for me.

I chose an easy option for myself: a horizon of 10 years, an average yield of 10%, I save more than 50% of my income. The main thing is to start.

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