Financial Independent, Retire Early (FIRE) movement

The Financial Independence, Retire Early (FIRE) movement is a lifestyle and financial strategy aimed at saving aggressively—often 50% or more of income—to achieve financial independence sooner than traditional retirement ages. By cutting expenses and maximizing savings, individuals accumulate enough wealth, usually invested in stocks or assets, to generate passive income that covers their living expenses. This allows them to retire early or work only if they choose. FIRE emphasizes deliberate financial planning, disciplined savings, and investing to gain greater control over life's timing and work choices, promoting a path toward freedom from traditional employment constraints.