5 Myths About FIRE And Early Retirement That Just Won’t Die
From: www.forbes.com
You’d think that personal finance gurus and pundits would embrace the FIRE movement (Financial Independence / Retire Early). The FIRE crowd preaches a debt-free lifestyle, healthy savings rates, smart low-fee investing, and life over money.
What’s not to love?
Yet it seems that some just can’t help hating on FIRE. They claim few can save the amounts of money needed to retire on time, let alone early. They complain about the return assumptions used in early retirement calculations. And they proclaim that a FIRE lifestyle is just plain boring. What’s the point of going without a latte for 25 years in the hopes of one day being financially independent?
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