From Every Day by the Lake …
About a year ago, I became acquainted with the term FIRE– Financial Independence Retire Early. Folks on the FIRE path save and invest their money strategically so that their nest egg grows much faster than it would for a typical retiree. Once they hit their magic number in the bank, they no longer have to work. The rest of their life is their own—and they get to enjoy it before old age.
Intrigued by the concept, I read countless blogs from clever, resolute people who had stopped trading their lives for money. I wanted that for myself.
And let’s get real here– a big reason we pursue FIRE is so that we can spend more time with the ones that we love. If they are all gone when we hit the magic number in the bank account, all of the years leading up to that moment will feel wasted, like it was all completely in vain.