Financial Independence Retire Early FIRE Movement

The FIRE Blog for Expats and Nomads

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Everything you need to know about the many FIRE approaches to achieving financial independence

What is FIRE?

FIRE (Financial Independence, Retire Early) is a personal finance and lifestyle movement in which followers apply the practices of frugality, actively saving, and investing early and in reliable assets to ultimately achieve financial independence and have the option to retire early, often decades before the commonly accepted retirement age of 65.

In practice, FIRE followers save aggressively, via conscious budgeting, conscious consumption to reduce their spending as much as possible, to save more of their salary and income than the average person.

Beyond frugality, FIRE followers aim to save more by maximizing their income, via upskilling, strategic career moves, side hustles, and additional small business opportunities.

Financial Independence Retire Early - Lean FIRE Fat Coast Barista Expat Nomad

A chart of the many different paths for achieving “FI”

Saved income is then invested wisely, aiming for a “pot” of invested assets equal to 25x their annual spending, to leverage the “4%” rule** of income from passive, well diversified investments.

This basic, three tiered approach of saving, maximizing income, and investing, to accumulate assets that pay passive income to cover a FIRE followers expenses for life is the “FIRE Path” to financial independence and, optionally, early retirement.

Not sure where to start? Start here…

Other Great FIRE tools to Get You Started:

FIRE Calculators

FIRE Guides