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How to use the FIRE method to retire early (or at least save a lot of money)

Rounding it up

  • The FIRE method, or “Financial Independence, Retire Early” can help plan your finances and curb your spending so you can stop working as early as your 40s.

  • The first step is to start planning for retirement by investing — compound interest, anyone?

  • Of course, keep your expenses low and save every penny; you should try to put upwards of 75% of your income into high-interest accounts.

  • It helps to boost your current income, be it through a second job or side hustle. Putting in those extra hours now can make a huge difference down the line.

7 min read

Gaby Pilson
#saving#retirement#FIRE#investing

Gaby Pilson

Gaby Pilson is a writer, educator, travel guide, and lover of all things personal finance. She’s passionate about helping people feel empowered to take control of their financial lives by making investing, budgeting, and money-saving resources accessible to everyone.

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