From Nasdaq.: 2025-02-15 03:00:00

The Financial Independence, Retire Early (FIRE) movement has gained popularity, allowing people to retire in their 40s or 50s by saving aggressively, sometimes 50% or more of their income annually. There are subtypes within FIRE, including FAT FIRE, Coast FIRE, and Barista FIRE, each with different objectives and savings strategies.

FAT FIRE involves saving most of your income to fund a luxurious retirement lifestyle, while Coast FIRE aims for an average retirement income and Barista FIRE covers only a portion of retirement costs, relying on part-time work in retirement. The strategy you choose depends on your financial goals and lifestyle preferences.



Read more at Nasdaq.: FAT FIRE vs. Coast FIRE vs. Barista FIRE: What These Early Retirement Movements Mean, and Which Might Be Best for You