In this episode, Michael discusses the great myth or lie about the FIRE movement, the notion of early retirement. He mentions that most people that achieve FIRE don't actually retire in the traditional sense and continue bringing in some form of income.
While they might retire from the traditional corporate world, chances are income will still come in one way or another, so we should plan for this when looking at our own early retirement planning.
Show Notes
Living a FI:https://livingafi.com/2021/03/17/the-2021-early-retirement-update
Mr Money Mustache:https://www.mrmoneymustache.com/2012/05/14/first-retire-then-get-rich
Madfientisthttps://www.madfientist.com/third-year-of-freedom
Mr Money Mustache - Definition of Retired:https://www.mrmoneymustache.com/2013/02/13/mr-money-mustache-vs-the-internet-retirement-police
1500 Dayshttps://www.1500days.com/thankful-to-be-thankful
Choose FI Quote:https://money.com/married-couple-fire-million-financially-independent
Savoteurhttps://savoteur.com/are-fire-bloggers-truly-chasing-fire
Money Flamingohttps://www.moneyflamingo.com/the-retirement-lie
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