Do People Who FIRE Regret Not Spending Money on Things They Could Have Enjoyed?
A while back, I came across a thread on Reddit that asked this question: what expenses do you regret avoiding to reach FIRE?
FIRE stands for Financial Independence, Retire Early, and it’s become more popular in recent decades. Those who might be burned out (or those who are just tired of working, in general) try to find the financial number that would allow them the option to leave the workforce.
A while back, I came across a thread on Reddit that asked this question: what expenses do you regret avoiding to reach FIRE?
People often tell you that you'll be super happy once you're financially independent. They might not know what they're talking about.
This podcast episode discusses the Rule of 55 retirement strategy, as well as listener questions about the risks of linking financial accounts to budgeting apps like YNAB, strategies for optimizing Trump accounts, and how to approach inherited taxable accounts and legacy investments.
If you're financially independent but still working, here are a few reasons for why you still might not want to retire.
Coast FIRE can produce many of the benefits of retirement, all while providing many of the benefits of still working. Here's what to know.
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Our goal was never to hit our financially independent number and then immediately retire. So, we decided to work for One More Year.
Some people think that doing a locum constitutes “work," meaning you can't really consider yourself retired. Here's my pushback on that.
Would you like to retire with $5 million by age 55? Here are five different ways to get there—only one of them involves winning the lottery.
Retirement/financial independence isn't an age; it's a number. Here’s what to focus on to ensure you’re working toward your goal.
It was remarkable to discover the difference between aiming for FI and reaching FI. Here are some math and psychological lessons I learned.
What's the point of all these income strategies in retirement? Let’s look at the risks and benefits of some and why you might consider them.
We make a large salary, and we're retiring in our 40s later this year. Here are my biggest fears and most rational thoughts about it.
I recently read a profanity-filled diatribe about the FIRE movement. It's filled with inaccuracies and straw men. Here's my response.
An interview with Big ERN, the man behind Early Retirement Now, where he discusses the pros and cons of FIRE and how to figure out withdrawal rates.
Have you heard the analogy that money is like oxygen? When you have enough, you don't think about it at all. That's when money is irrelevant.
Medical school may not have taught you about money, but we will.
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Get ready to take control of your financial life. You can do this, and we can help.
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