45: FIRE (Financially Independent & Retiring Early)
According to a recent Gallup poll, the average expected retirement age is 66. Thirty years ago, the average American projected retiring at age 60. What does this mean? On average, Americans are expected to work longer and retire later in life--or maybe not! There is a new Millennial movement called "F.I.R.E.", Financially Independent and Retiring Early. How early? 20 - 30 years early! It's not easy but it's very possible and on this episode we are discussing how to adopt this way of life to retire in your 30s or 40s.