FIRE (Financial Independence, Retire Early)

FIRE, or Financial Independence, Retire Early, is a movement that encourages individuals to save and invest a significant portion of their income to achieve financial independence at a young age. By living frugally and prioritizing savings, participants aim to build a sizable investment portfolio that generates enough passive income to support their lifestyle without needing to work full-time. The goal is to gain the freedom to retire early or pursue passions without the constraints of traditional employment, allowing for a more fulfilling life choice based on personal interests rather than financial necessity.