The beauty of the FIRE movement? Flexibility! There's no one-size-fits-all approach to early retirement. For some, it means hanging up their work hat by age 40. Others might prefer to keep working but on their own schedule, maybe part-time, volunteer work or freelance gigs that fit their lifestyle.
The key is figuring out your dream retirement first. Then, you can use that vision to work backward and determine your savings goals. It might sound unconventional, but it's a powerful way to personalise and prioritise your investment and saving strategies. This way, you can tailor a plan to reach financial independence and retire early (FIRE) as quickly as possible.
Our role as fiduciary financial advisors is to help you optimise the time you spend working, and the time you spend "living." We do this by showing many clients they often need less than they think to achieve financial independence and retire early, or cut-back on work.
If you would like a copy of our "Can I Retire Early?" checklist, please email clientservice@providencegroup.com.au or book a free 15-minute call with me by clicking here to find out if you can fast-track your retirement.
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