1267
5 min 58 sec

Q&A: Financial independence, retire early (FIRE)—what’s up with that?

This listener wants to know how Side Hustle School works with the model of Financial independence, retire early (FIRE). Are they compatible?
Finances FIRE Q&A

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What It's About

A listener asks a hot question about the F.I.R.E. movement.

Notes from Chris

Episode 1267
Financial independence, retire early—it’s called FIRE, and it’s a trend that’s not going away.

A lot of people are interested in this concept of saving a high percentage of their income, being extremely frugal, and retiring early, sometimes at the age of 40 or even 35 or earlier.

A listener wants to know how Side Hustle School fits into this model or vice versa or are they compatible at all. As part of my answer I’ll give you my #1 and #2 tips if you’re interested in FIRE.

"Hi Chris, this is Barry from Milwaukee and I recently found your show and have been enjoying the content. Can you talk briefly about FIRE; financially independent, retire early. How does Side Hustle School fit into that concept? I’ve been reading a lot about the FIRE movement and I love the idea of being able to retire in my late thirties or early forties, and I’ve started saving at least 30% of my income with the goal of making that happen. What do you thing about the FIRE concept, and how does Side Hustle School fit into it … or does it? "

Listen to today's episode to learn more...

 
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To infinity and beyond,

Chris Guillebeau