FYI: It’s all about the acronym.
That’s why a 20-something member of the “FIRE movement” — which stands for Financial Independence Retire Early — told me last week at FinCon 2019 that I “don’t qualify as FIRE.”
Mind you, this young blogger is working a corporate job, driving an Uber on the side and is eager to retire by age 40. He’s happy to brag about giving up fancy cars, expensive toys and a consumer-driven lifestyle that included over $30,000 in credit-card debt that he’s now paid off; he says he’s not planning to pay for college for children, if ever he has a family, so he can stay focused on leaving the rat race as soon as possible.
Regards,
Ted
https://www.seattletimes.com/business/make-gaining-choice-and-not-early-retirement-your-real-goal/
