Short for Financial Independence, Retire Early, the FIRE movement encourages people to live well below ... the $5 per hour I earned as a babysitter during my high school years.

Those who dream of quitting their jobs before the traditional retirement age may have heard of FIRE, which stands for “financial independence, retire early.” The movement, which consists of ...

“One of the main drawbacks to the FIRE movement is that it can be difficult for people to achieve the level of financial management they need to be able to retire early,” says Liz ...

Some hope to live lavish lifestyles during retirement ... FIRE with relatively little sacrifice. However, most people in the FIRE movement have to live a quite frugal lifestyle.