Financial Independence Retire Early (FIRE) movement

The Financial Independence, Retire Early (FIRE) movement is a personal finance strategy focused on saving and investing aggressively to build enough wealth to cover living expenses without traditional employment. Practitioners aim to maximize savings, often saving 50% or more of their income, and invest for growth. Once their investments generate sufficient passive income—covering or surpassing their expenses—they can choose to retire early, sometimes in their 30s or 40s. FIRE emphasizes financial discipline, intentional spending, and long-term planning to achieve independence from the standard work-life cycle.