The goal of this revolutionary book was to determine who the affluent are, where they live and their spending habits. It was unexpected to find out most people who make $1m live in middle-income neighborhoods.
FIRE stands for “Financial Independence Retire Early”. This content focuses on FIRE, with less of an emphasis on the “Retire Early” aspect.
Since I was a child, I thought retirement was about not working. As I’ve aged, my perspective on retirement has changed. For me it’s about getting to a spot where you have options in what to do with your time.