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The Independent UK
The Independent UK
Business
Alice Kantor

FIRE saving plans don’t work any more - so what are people doing instead to retire early?

A movement known as FIRE - the dream of Financial Independence and Retiring Early - was all the rage during the pandemic as people started investing in stock markets and putting in place extreme saving strategies to be able to quit work in their 40s.

But as salaries stagnate, costs of living continue to rise and unemployment rates push up, people looking to retire early are increasingly eyeing ways to modernise the key tenets of FIRE, adapting their philosophies to modern market conditions.

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