5 Retirement Planning Tactics to Aid Your FIRE Journey

Here’s a retirement planning tactic: trade options in a brick-and-mortar retailer that sells used and new video games and turn $53,000 into $11 Million! Yeah, that’s the ticket!

I have been on a personal FIRE mission ever since I started my own brick and mortar food business over a decade ago, and more recently my finance blog, which is on track to earn $1,000 a month this year.

Although everyone faces different life challenges that are unique to you, these 5 retirement planning tactics can be universally applied to anyone’s personal FIRE plan.

5 Retirement Planning Tactics to Aid Your FIRE Journey

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Knowing your time horizon is an essential part of building a successful investment plan. 

1: Know Your Planned Time Horizon

Once you know your time horizon you can effectively plan your FIRE journey towards your preferred timescale.

Budgeting is a key part of managing your financial health. It helps you see where your money is going and where savings can be made.

2: Meticulously Track Your Budget

To achieve your FIRE goals, it is vital to have a detailed budget. Tracking every transaction to the cent will mean you only spend exactly what you need to, leaving more to invest.

It is necessary to ensure all essential documents are always up to date and kept in a secure place.

3: Organize Essential Documents

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