Is the FIRE movement worth it?
Net Net31 Jul 2024

Is the FIRE movement worth it?

Lizzy and Lissa break down the hidden costs – financial and otherwise – of the FIRE movement. “Financial Independence, Retire Early” is a strategy as well as a community. Given what it takes to retire early, is it worth the effort? Lizzy and Lissa talk about FIRE and as always, give their 2 cents.

Main Topics

00:00 Introduction to the FIRE Movement

01:30 Running The Numbers Segment

06:40 The Evolution of Retirement

15:09 Key Elements of the FIRE Strategy

19:11 Personal Perspectives on FIRE

22:40 Balancing Saving and Living Life

23:43 The Cost of Extreme Saving

25:49 Personal Financial Priorities

28:27 Rethinking Retirement

37:04 20 Cents Segment

References for Statistics

https://www.empower.com/the-currency/money/research-financial-independence

Co-Hosts

Lizzy Marie, CAIA, is a strategist, alternative investments expert, and a founding partner of Pursuit Funds. Follow Lizzy: Instagram | TikTok

Lissa Lumutenga, CFP®, AFC®, is a personal finance expert and content creator. Follow Lissa: YouTube | Instagram | TikTok | LinkedIn

Credits

► Produced by Lizzy Marie and Lissa Lumutenga

► Artwork by Lizzy Marie

► Music by Lissa Lumutenga, Net Net Podcast “Theme Song”

Talk to us

Hit us up, let us know what you think: IS IT WORTH IT? 💸

Disclaimer

This podcast is for educational, informational, and entertainment purposes only, and should not be constituted as financial advice or any other kind of professional advice. Views and opinions are our own, and Net Net Podcast does not serve as a substitute for personalized financial guidance tailored to your specific situation.

Remember to always do YOUR own research, consult a professional as needed, and feel empowered to make your own decisions!

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