What is Financial Independence, Retiring Early?

What better topic to choose from as our inaugural post than defining, and diving into what it means to pursue Financial Independence, and Retiring Early (FIRE). Why does FIRE have us fired up as a couple? Well any thing that is important in the Military has an acronym right? Not a good answer, so let’s proceed. Before we get into the nitty gritty details, let’s start off with the basics first. So what is FIRE? FIRE Financial Independence is the self-realization that you have the freedom to choose what you want out of life. It stems from the understanding that you’re only bound by the financial shackles you create. To become financially independent you must first understand what your financial shackles are, and quantify them into cold hard numbers. You become financially independent when your assets (pension/investments/business income) equals twenty-five times (25X) your yearly expense. Often times society

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