Financial Independence, Retire Early- F.I.R.E. (Ep. 79)
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Financial Independence, Retire Early- F.I.R.E. (Ep. 79)
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Welcome back! I've been away for a bit, but ready to swing into another year of podcasting, and I have a lot of interviews lined up that I'm excited to share.
For today's episode, Jacob Schroeder of Kiplinger returns to the show to share some of his research on the FIRE movement, which stands for "Financial Independence, Retire Early."
We talk about:
-What is FIRE and why do people get so excited about this?
-On the flip side, what are some of the pitfalls of a FIRE strategy?
-What is "Barista FIRE" and how is this different?
-Why your risks can be magnified by retiring early, particularly "longevity risk."
-How do FIRE enthusiasts flip the switch from saving and investing, to enjoying the fruits of their labor?
*this episode was recorded in video format, and will soon be available on our channel: YouTube
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