Why The FIRE Movement Is NOT a Recipe For Success

If you've found this video, you've probably heard of or are in the FIRE movement. If not, don't worry! I explain what it is, what's good about it, and why I don't think FIRE is ultimately a recipe for success

FIRE stands for Financial Independence Retire Early. The FIRE movement encourages adherents to save 50-75% of their income to retire by their late 30s.

There are good principles within the movement, but ultimately, I don't believe the demands of FIRE are a recipe for success in life and don't recommend it to my clients.

Remember, Financial Freedom is found through Discipline 👏

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Timestamps:
00:00 - What is the FIRE movement?
01:39 - The good things about the FIRE movement
04:25 - Why I don't love the FIRE movement
08:03 - A balanced alternative to FIRE
10:07 - Key takeaways

#firemovement #retireearly #retirementplanning

Chisholm Financial Planning & Investments is owned by Jenny Logan and is a registered investment advisory firm regulated by the Securities & Exchange Commission in accordance and compliance with US securities laws and regulations. Chisholm Financial Planning & Investments does not render, or offer to render, personalized investment or tax advice through any videos or other content on any social media platform to include YouTube. The information provided in these videos is provided without compensation and for informational and educational purposes only and does not constitute financial, tax, investment, or legal advice.

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