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Wales Online
Wales Online
Neil Shaw

How to retire at 40 using the FIRE method

In 2022, 46% more people are searching on Google for the 'FIRE method' (short for financial independence retire early). With costs rising around the world, it's no surprise people are searching for ways to gain more financial freedom, and be able to finish work early, but what exactly is the FIRE method, how achievable is it and do people actually make it work for them?

Financial services provider for immigrants Remitly has put together a collection of tips and advice on how the general principles of the FIRE method can be applied to almost any lifestyle, and help people to achieve a more free life, earlier on - be it at 40 or 55.

They've also enlisted the advice of Jacob A, a 40-year-old International business advisor, who is well on his way to retiring early in 2023 thanks to living by the principles of the FIRE method.

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