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Make the most of your money

martin@icfp.co.uk
Informed Choice RadioInformed Choice Radio
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The FIRE (Financial Independence, Retire Early) movement is a lifestyle movement whose goal is financial independence and retiring early.

Those seeking to attain FIRE intentionally maximise their savings rate by finding ways to increase income or decrease expenses.

The objective is to accumulate assets until the resulting passive income provides enough money for living expenses in perpetuity.

Many proponents of the FIRE movement suggest the 4% rule as a guide, thus setting a goal of at least 25 times estimated annual living expenses.

Upon reaching financial independence, paid work becomes optional, allowing for retirement from traditional work decades earlier than the standard retirement age.

Playing with FIRE, with Scott RieckensA successful entrepreneur living in Southern California, my guest today had built a “dream life”; a happy marriage, a two-year-old daughter, a membership to a boat club, and a BMW in the driveway.

But underneath the surface, he was creatively stifled, depressed, and overworked trying to help pay for his family’s beach-town lifestyle.

 

Quit Like a MillionaireMy guests today are two leaders of the FIRE (Financial Independence, Retire Early) movement, and they’ve written a bold, contrarian guide to retiring at any age.

Kristy Shen and Bryce Leung are world travelling early retirees.

Their story has been featured in media outlets all over the world, including the New York Times, CNBC, and the Independent.

They now spend their time helping people with their finances and realizing their travel dreams.

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  • What does a no-deal Brexit mean for your money?

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About us

Welcome to Informed Choice Radio, the personal finance podcast all about achieving your financial goals and living a better life.

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  • Martin Bamford
  • Informed Choice Ltd
  • Sundial House, 20 High Street
  • 01483 274566
  • martin@icfp.co.uk
  • www.icfp.co.uk
  • martinbamford

Fresh from our podcast

  • Don’t miss this important deadline
  • Dangerous TikTok Investment Influencers (Talking Money #6 from Informed Choice Radio)
  • Expensive Funerals & Risky Bitcoin
  • What does a no-deal Brexit mean for your money?
  • What an international tax laywer thinks about a one-off wealth tax in the UK

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