FYF 005: Everything you need to know about Financial Independence, Retire Early (FIRE)

Want to quit your job to travel or even just move out of your parent’s house? You can’t miss this episode. You’ll learn everything you need to know about Financial Independence Retire Early (FIRE) including what it is, how to achieve it, and tips for getting there faster. Plus the definitions of terms like LeanFIRE, FatFIRE, and CoastFI, and concepts such as the Rule of 25, the 4% rule, and the 6 stages of Financial Freedom.

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Listen to the episode on Apple Podcasts, Spotify, Stitcher, Castbox, or on your favorite podcast platform.

Today’s Topic

Everything You Need to Know About FIRE

with Becky from Twentyfree.co

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You’ll Learn

• What Financial Independence (FI) is,
• What it means for your life,
• How to achieve FI, and 
• Tips for reaching FI faster.

Concepts such as:

• Passive Income
• Financial Freedom
• Rule of 25
• The 4% Rule

Definitions of terms including:

• LeanFIRE
• FatFIRE
• Mini-Retirements
• Semi-Retirements
• BaristaFI
• SlowFI
• CoastFI

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Resources

• Financial Independence Subreddit
• LeanFIRE Subreddit
• FatFIRE: Physician on FIRE, Subreddit
• Mini-Retirements: Michelle from Frugality and Freedom and M from Radical FIRE
• SlowFI: The Fioneers
• CoastFI: Trip of a Lifestyle
• The Six Stages of Financial Freedom – from Get Rich Slowly

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