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FIRE: Ingenious Retirement Idea or Harebrained Scheme - Episode 176
Your Life Your Wealth
English - March 15, 2019 13:48 - 17 minutes - 23.7 MB - ★★★★★ - 27 ratingsInvesting Business News finances financialplanning investing currentevents lifestyle news politics retirement stockmarket wealth Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Jersey Shore Towns Take Hit on Property Values - Episode 175
It’s considered either a “fantastic new idea” or “the path to financial ruin.” There's a controversial new and growing trend relating to retirement called FIRE, Financial Independence Retire Early. It’s a movement, largely supported by millennials, promoting the idea of living frugally while saving up to half of your income early in your career, then retiring in your mid 40’s. I discuss the FIRE concept and look at the possible benefits and many problems connected to this very different type of financial life plan.
Program Length: 18 minutes