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What Is the F.I.R.E. Movement?

What’s all the buzz about the Financial Independence, Retire Early (F.I.R.E) movement? Read this blog to know the definition of F.I.R.E, its pros & cons, and the steps to achieve F.I.R.E.
April 18, 2024
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There’s a lot of talk about the Financial Independence, Retire Early (F.I.R.E) movement these days. On one hand, it’s generating awareness around financial freedom which every investor should know more about. But is it actually true that you can retire in your 30s or 40s? 

Understanding the F.I.R.E movement may help answer this question. In this blog, we’ll tell you everything you need to know about the F.I.R.E movement.

What Is The F.I.R.E Movement?

Financial Independence, Retire Early (F.I.R.E) means to save and invest aggressively in your 20s and 30s to retire early. For the past few decades, the conventional age of retirement in India has been 60 years.

Retiring before 60 is considered almost impossible in India. The primary reasons for this include a lack of financial advice, inflation, wanting to earn as much as one can for as long as one can, not having to sacrifice various needs and wants, and others.

The F.I.R.E movement aims to debunk the this conventional notion that you can’t retire before 60 through:

  • Frugality
  • Goals
  • Investments
  • Financial freedom

Let's dig deeper into how the F.I.R.E movement works.

How Does F.I.R.E Work: Definition Of Financial Independence, Retire Early

The core principle of F.I.R.E is viewed as a way of l

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