The Pandemic’s Effect on the FIRE Movement
In episode 19 of Revamping Retirement, Mike Webb chats, once again, with J.Money, an award-winning personal finance blogger about the impact of the coronavirus pandemic on the FIRE (Financial Independence, Retire Early) movement.
FIRE (Financial Independence, Retire Early) is a lifestyle movement that embraces the goal of achieving financial independence by decreasing spending and increasing income.
Mike and J.Money discuss why now, in the middle of a pandemic and recession, individuals may want to consider adopting some of the key FIRE tenants. Will the pandemic light a flame for future FIRE movement participants?