FIRE Movement (Financial Independence, Retire Early)

The FIRE Movement (Financial Independence, Retire Early) is a lifestyle approach focused on saving and investing aggressively to achieve early financial independence. Participants aim to accumulate enough wealth—typically 25 to 40 times their annual expenses—so they can cover living costs through investment returns without relying on traditional employment. By living frugally and maximizing savings, they can retire decades sooner than conventional retirement age, gaining greater control over their time and pursuits. The movement emphasizes disciplined financial planning, high savings rates, and strategic investing to reach financial freedom earlier than usual.