FIRE: Financially Independent, Retire Early

Nov 9, 2018 2:00:46 PM

The latest buzzword to hit the finance streets: FIRE. It stands for “financially independent, retire early” and is a philosophy inspired by a wave of millennials who are no longer content to amass wealth by traditional means or wait to retire at age 65. In simple terms, FIRE means living frugally while saving most of your income. Sound crazy? Perhaps not.


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Topics: Mortgages, NZ Mortgage Adviser, Retirement, Early Retirement, Debt-free, Mortgage-free