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The FIRE Movement: How to Achieve Early Retirement and What to Look Out For
Manage episode 407262582 series 3561532
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In today's episode, Rob and Archie discuss the "FIRE Movement" - Financial Independence, Retire Early. They walk through how it's possible to achieve this lifestyle for those looking to retire early and the financial discipline it takes. They talk about the different lifestyles of FIRE, including explaining "Barista FIRE," where you don't stop working entirely. Alternatively, if you plan to retire completely, they highlight looking at your portfolio and savings to ensure you're earning enough for the lifestyle you want to lead.
Rob and Archie delve into the balance this lifestyle takes and some potential pitfalls for anyone considering working toward this goal. They stress the importance of thinking ahead - what does the next 40 or 50 years have in store, and how do you plan on overcoming potential hurdles if you retire early?
Your Money or Your Life by Vicki Robin: https://www.amazon.com/Your-Money-or-Your-Life-audiobook/dp/B07DLBZ5DW
Watch on YouTube: https://youtu.be/S8sEuC9jXJI
Listen in on conversations with Certified Financial Planners Archie and Rob Hoxton as they share weekly wisdom to help you retire and stay retired. Have you ever wondered what it will feel like when you get your last paycheck? Whether it’s excitement, anxiety, or anything in between, this show is for you.
Visit: http://www.thelastpaycheck.com
If you'd like to chat with Rob or Archie further, please schedule a consultation: https://calendly.com/archiehoxton/last-paycheck-consultation
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