retirement

The Fat FIRE approach involves working very hard early in your career to save up a fat nest egg, retire early and enjoying a very affluent lifestyle in retirement.

Lean FIRE is the variation of the Financial independence/ Retire early (FIRE) movement that involves extreme frugality and minimalism both before and during retirement.

The Coast FIRE approach focuses on saving aggressively early in your career and accumulating assets and then working on a job that is less stressful or something you are passionate about.

Here is a step-by-step plan to get on track to retire early at age 55. Create a budget and boost savings and income. Control your retirement lifestyle and expenses. Invest consistently and manage risk

FIRE is a financial movement that focuses on achieving financial independence through frugal living, aggressive saving and strategic investing.