Irish Financial Independence & Personal Finance Podcast

The Great FIRE Myth

Friday 13th January 2023

In this episode, Michael discusses the great myth or lie about the FIRE movement, the notion of early retirement.  He mentions that most people that achieve FIRE don't actually retire in the traditional sense and continue bringing in some form of income.

While they might retire from the traditional corporate world, chances are income will still come in one way or another, so we should plan for this when looking at our own early retirement planning.

Show Notes

Living a FI:
https://livingafi.com/2021/03/17/the-2021-early-retirement-update

Mr Money Mustache:
https://www.mrmoneymustache.com/2012/05/14/first-retire-then-get-rich

Madfientist
https://www.madfientist.com/third-year-of-freedom

Mr Money Mustache - Definition of Retired:
https://www.mrmoneymustache.com/2013/02/13/mr-money-mustache-vs-the-internet-retirement-police

1500 Days
https://www.1500days.com/thankful-to-be-thankful

Choose FI Quote:
https://money.com/married-couple-fire-million-financially-independent

Savoteur
https://savoteur.com/are-fire-bloggers-truly-chasing-fire

Money Flamingo
https://www.moneyflamingo.com/the-retirement-lie

Follow my FI Progress:

https://www.firepodcast.ie/newsletter

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