economic independence

FIRE stands for Financial Independence and Retire Early and is now a big movement among American millennials (born between the 1980s and around 2000). … Economic independence” is a new way of thinking about “freedom” that emerged in the U.S. in the 1990s… In order to live life freely, one must have an economic foundation. “Achieve Financial Independence, Not Early Retirement” Ideal Lifestyle (Rei Tachibana) - Personal - Yahoo! News ] (2020)

Many of the early retirees (Wall Street traders, etc.) went back to work after a few years. Because their days are too boring and uninspiring… The reason they want to “early retire” is because they don’t like their current job… If you can do what you love, there is no reason to retire early.

From “no early retirement option” to “early retirement option” and then getting the option of “more interesting work than retirement” and choosing it.

In my case, I acquired the concept by reading [rich father, poor father

• Released in 2000, I didn’t buy this one from Amazon per se, I bought “Rich Dad’s Cash Flow Quadrant” from Amazon in 2002.
• What happened after: Government and Private Investment.
  • Although humans are fundamentally incapable of predicting the future, a systems thinking view of the world allows us to predict what phenomena will occur with a time delay.
    • Surprisingly few people can do this, which gives them a competitive advantage.

relevance

• False dichotomy for “Early Retirement options available/not available.”
  • Since “what standard of living do you need?” is fuzzy, “can you retire early?” is also fuzzy.

tremor - economic freedom

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