A personal finance movement is gaining increased popularity as people attempt to live frugally in their 30s and 40s in an effort to retire early.
Financial Independence, Retire Early (FIRE) is described as an extreme savings and investment programme that aims to allow people to retire far earlier than traditional plans would facilitate.
FIRE advocates save around 70% of their income over several years in the hopes of saving enough to live off their pension pots for decades in the future.
