If you want to FIRE, one of my regrets was pulling the ripcord too early at age 34 in 2012. Even though I started writing about FIRE in 2009 with the launch of Financial Samurai—trying to uncover as many blind spots as possible before taking the leap—I still feel like I made a mistake. In| Financial Samurai
The desire to retire early and live a financially independent life has been around since the beginning of organized labor. Let's explore who started the FIRE movement and how it has evolved over time. In 1992, the book, Your Money Or Your Life, was published by Joseph R. Dominguez, Monique Tilford, and Vicki Robin that| Financial Samurai
If you're looking to achieve financial freedom before a traditional retirement age (60+), you must build passive income. This post will highlight the best passive income investments in our current economic environment. Passive income is the holy grail of personal finance. If you have enough passive income to cover your desired lifestyle, then you are| Financial Samurai
In a previous post, I discussed the futility of working when your net worth is declining. During a stock market crash or recession, your Return on Effort (ROE) for working drops significantly. Therefore, the only way to increase your Return On Effort is to work less, not more. At some point in your life, you’ll| Financial Samurai