What is FIRE? And is retiring early possible for you?
Manage episode 364284306 series 3478415
By making big cuts to spending and following an extreme saving and investing strategy, many people pursuing the FIRE movement look to retire as soon as possible—in their 50s, 40s, or even 30s.
Ben Appel, senior vice president of workplace financial wellness at Truist and a FIRE supporter himself, joins Bright and Brian to break it down. Whatever your retirement goals are, you’ll come away from this episode with important tips on securing your future and living in a way that makes sense for you.
Listen to hear:
• An explanation of key FIRE principles around investing and frugal living
• Strategies for balancing retirement plans with other life goals
• How to figure out whether FIRE is right for you
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