💸 The Cult of Early Retirement Meets (Or Strangely, Doesn’t Meet) The Cult of Entrepreneurship


F.I.R.E. is a very very famous acronym online. It stands for Financial Independence - Retire Early. It goes like this: 1) figure out how much you need to retire. 2) Live extremely frugally and save like crazy for a couple of decades. 3) Invest those savings into "safe" financial assets (usually index funds) that compound over time. 4) Retire. While theoretically sound, can you see what the problem is here? There is another approach to financial freedom. One that requires a bit more effort but substantially less time and discipline.


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