Frequently Asked Questions About Financial Independence & Retiring Early

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So you’ve discovered this FIRE movement, and you’d love to learn more. You wish there were a FIRE FAQ. Well, now there is!

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I’ve done my best to compile many of the questions I had when I first learned about financial independence and how it infers the ability to retire early.

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An alternate title could be “All the questions you had about FIRE but were afraid to ask.”

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I’ve been writing about FIRE since 2016, and have managed two large FIRE-focused Facebook groups (fatFIRE & Physicians on FIRE) for several years. If there’s a question to be asked about FIRE, I’ve probably addressed it.

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FIRE FAQ: Frequently Asked Questions About Financial Independence & Retiring Early

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We’ll be tackling the following questions today, and I’ll give you an opportunity to ask more in the comments section. Click on the link below for the full post.

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[{"selector":"#anim-f24dd9bc-96fa-4cb4-96fd-bb11c11e6766","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-aa06e8e8-73e0-44ac-9fc1-e1db461885ac","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-aa53c7b9-bdd9-44e1-a34f-be674eb380a5","keyframes":{"transform":["translate3d(0px, -165.52766%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bc40a296-49fe-4eb8-983a-1a40edc8c1fc [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.231733933849913%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] What does FIRE stand for? What does it mean to be financially independent? How much money do you need to claim financial independence? Can you FIRE based on cashflow? What about taxes and FIRE?Is there an age requirement for early retirement? How long will it take to reach FI? Are there any FIRE calculators available?Are there books on the topic of FIRE? Learn more

Read The Full Article By Clicking Below

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Frequently Asked Questions About Financial Independence & Retiring Early

So you’ve discovered this FIRE movement, and you’d love to learn more. You wish there were a FIRE FAQ. Well, now there is!

I’ve done my best to compile many of the questions I had when I first learned about financial independence and how it infers the ability to retire early.

An alternate title could be “All the questions you had about FIRE but were afraid to ask.”

I’ve been writing about FIRE since 2016, and have managed two large FIRE-focused Facebook groups (fatFIRE & Physicians on FIRE) for several years. If there’s a question to be asked about FIRE, I’ve probably addressed it.

FIRE FAQ: Frequently Asked Questions About Financial Independence & Retiring Early

We’ll be tackling the following questions today, and I’ll give you an opportunity to ask more in the comments section. Click on the link below for the full post.

Read The Full Article By Clicking Below

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