Can you really exit the workforce decades ahead of schedule? In this episode, we break down the Financial Independence, Retire Early (FIRE) movement, a personal finance philosophy popularized by millennials in the 2010s that prioritizes high savings rates and passive income.

Tune in as we explore:

• The Core Philosophy: How adherents aim to save far more than the standard 10–15% recommendation—often targeting 50% to 75% of their income—to shorten their working years.

• The Math of Freedom: We explain the relationship between savings rates and retirement timelines, including how a 75% savings rate could theoretically lead to retirement in under ten years. We also examine the "4% rule" regarding safe withdrawal rates and why some experts suggest a more conservative 3.25–3.5% approach.

•