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#3: Financial Independence Retire Early (FIRE) community - retiring decades earlier

#3: Financial Independence Retire Early (FIRE) community - retiring decades earlier

Released Wednesday, 10th April 2019
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#3: Financial Independence Retire Early (FIRE) community - retiring decades earlier

#3: Financial Independence Retire Early (FIRE) community - retiring decades earlier

#3: Financial Independence Retire Early (FIRE) community - retiring decades earlier

#3: Financial Independence Retire Early (FIRE) community - retiring decades earlier

Wednesday, 10th April 2019
Good episode? Give it some love!
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I explain the Financial Independence Retire Early (FIRE) community and how regular people are retiring decades earlier - like even in their 30’s.  They do this by reducing their expenditures and increasing their savings using what is known as the 4% rule or the 25 year rule.     I first heard about this from a blog called Mr Money Moustache.  He retired when is was 30 by saving and investing his money.  I also talk about the Choose FI podcast which is a great source of information about the FIRE community.     For Muslims, the problem is that some of their investing methods we cannot use as they are not Halal.  So I talk about some methods we can use to go on our path to Early Retirement.     This is something that I am looking into heavily and want to retire in the next 10 year.  I believe the best way to do that is by using methods that the FIRE community has been using for a long time.

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