Anyone else out there on the FIRE train? If so, let's trade tips, stories, and challenges!
What brought me to Public Mobile is the ability to pay $0 for mobile service (I just joined this month, and I'm well on my way). I'm posting about FIRE here because I figured other frugal people may be drawn to Public Mobile as well, so there might be a decent chance of finding fellow FIRE adherents here. (Any fellow Mustachians?)
For those who haven't heard of FIRE, you can post questions here too.
I'll attempt to describe FIRE in a paragraph. Basically, it's about working toward financial independence (FI)—the point when you have saved enough money to stop working for the rest of your life (approx 25 times your annual expenses, if invested, should last forever). It's also about retiring early (RE) as an option, rather than waiting until you're 65, the age you're supposed to retire. Most in the FIRE movement consider the definition of "retirment" as quitting the 9–5 job that you're working at for the money. Instead of working the 9–5, people who have reached FI often shift focus to their passions, and they don't have to worry if they don't end up making money off of it. But if they do—great!
Personally, I'm 34 years old and I'll be retiring in one year. I'm looking forward to spending lots of time with family, learning languages, travelling, and dedicating plenty of time to creative pursuits.
Thanks for your response! Yeah! I've been living it for the past couple years, so I have lots of tips haha. What in particular are you interested in? Maybe I'll give a few broad, overarching tips, and you can let me know if you'd like me to get into the details of anything.
Anyways, those are the 4 overarching tips that came to mind. Feel free to let me know if you have any questions about any of them, and I can get into some details