EPISODE · Jul 31, 2024 · 41 MIN
Is the FIRE movement worth it?
from Net Net · host Lizzy Marie, Lissa Lumutenga
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? 💸 DM us on Instagram: @netnetpodcast Email us at [email protected] 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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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.
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Is the FIRE movement worth it?
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