FIRE Movement Independence

FIRE (Financial Independence, Retire Early) is a systematic approach to achieving financial independence through high savings rates, efficient investing, and lifestyle optimization. The core concept: accumulate assets that generate enough passive income to cover expenses, then stop working. Independence arrives when: Annual Passive Income > Annual Expenses. The math is simple: a $1M portfolio at 4% withdrawal rate generates $40k/year. If you can live on $40k (or less), you're financially independent. The challenge: accumulating $1M requires years of disciplined saving and investing.