What is the FIRE movement? (1 point)
• a failed music festival
• a trend to develop passive income sources to retire early
• a retirement bank account
• a government initiative to provide added benefits to retired citizens
The FIRE movement refers to a trend to develop passive income sources to retire early.
The FIRE movement stands for Financial Independence, Retire Early. It is a trend to develop passive income sources in order to retire early.
The FIRE movement, which stands for Financial Independence, Retire Early, is a trend that aims to develop passive income sources in order to achieve early retirement. It is not a failed music festival or a retirement bank account, nor is it a government initiative to provide added benefits to retired citizens.
To learn more about the FIRE movement, you can look up reputable sources online, read books or articles on the subject, or join online communities and forums dedicated to discussing financial independence and early retirement. These sources will provide you with a plethora of information and personal experiences from people who are practicing or pursuing FIRE.