Money Talks: FIRE Encore

Whether you’re 25, 55, or 75, maybe you’re dreaming of retirement. Today, we’ve got some tips geared for the 25 year-olds but everyone else will find some great information. Are you on fire for retirement? We're talking F. I. R. E.? We learn what that is and take your personal finance questions.

Financial Independence, Retire Early from the 1992 book "Your Money or Your Life"

• save up to 70% of annual income, invest it with the help of a professional
• goal of retiring in 40s to either do nothing or travel or be selective in their job
• once savings reaches 30 times annual expenses you could retire

Calls:

• saving advice
• saving advice
• email - bond interest
• savings bonds

Other resources:

https://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/)

https://www.ramseysolutions.com/retirement/what-is-the-fire-movement#:~:text=Movement%3F-,F.I.R.E.,Be%20confident%20about%20your%20retirement.

https://www.investopedia.com/terms/f/financial-independence-retire-early-fire.asp

https://www.investopedia.com/articles/retirement/08/retiring-early-retirement.asp

https://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/

Hosted on Acast. See acast.com/privacy for more information.