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What is FIRE?

Fire simply means Financially Independent, Retire Early. 

The FIRE movement is the concept and life plan of saving the majority of your annual income now, with the goal of being able to retire in your 30s or 40s, instead of waiting to reach retirement at a much later age.

The idea is that sacrifices and prudent financial decisions now will allow for a more relaxed lifestyle later.

The concept does sound a bit unbelievable. We are so used to the idea that we have to work our whole lives, and then retire at a later age, that it seems like only wealthy people would be able to retire earlier and life THAT life. With hard work and planning, however, anyone can FIRE. Keep in mind, FIRE is not a magical solution or a get rich quick plan, it's a way of life that takes hard work and planning.

There are lot of questions and comments that commonly come up around the concept of FIRE:

  • Do I need to work all the time?

  • How much money do I need?

  • My salary is only X and I spend Y, with my net, that seems impossible...

  • I am too old to start that now... 

  • It sounds too hard and too boring to work so much...

  • What about healthcare? 

  • What if I run out of money?

  • What if I live too long?

  • What if I don`t like being retired?

On this site we want to share our FIRE journey, and answer some of the questions above. We want to share what we are doing, and what lessons we are learning along the way. 

FIRE is something that anyone can do, even if you start later in life. It may sounds unattainable, but there are lots of choices and changes that you can make which can bring retirement closer by even one or two years.

We want this site to be helpful and interactive, and would love to answer any questions that you might have. Submit questions on this site or social media so we can start a discussion.

All the best to each and every one of you on your path to financial independence!

M & M

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inancially