The Great FIRE Myth

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 NotesLiving a FI:https://livingafi.com/2021/03/17/the-2021-early-retirement-updateMr Money Mustache:https://www.mrmoneymustache.com/2012/05/14/first-retire-then-get-richMadfientisthttps://www.madfientist.com/third-year-of-freedomMr Money Mustache - Definition of Retired:https://www.mrmoneymustache.com/2013/02/13/mr-money-mustache-vs-the-internet-retirement-police1500 Dayshttps://www.1500days.com/thankful-to-be-thankfulChoose FI Quote:https://money.com/married-couple-fire-million-financially-independentSavoteurhttps://savoteur.com/are-fire-bloggers-truly-chasing-fireMoney Flamingohttps://www.moneyflamingo.com/the-retirement-lie Follow my FI Progress: https://www.firepodcast.ie/newsletter