The FIRE movement's younger sibling is a lot easier for retiring early—and doesn't involve 'eating rice and beans every night'

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It’s not the 2010s anymore. Peter Pan collars are virtually extinct, twee queen Zooey Deschanel is engaged to a Property Brother, and the Financial Independence, Retire Early (FIRE) movement is looking a bit different. 

FIRE first became popular in the early 1990s with the book Your Money Your Life by Vicki Robin and Joe Dominguez, who brought the idea of financial independence to the forefront. The movement requires an intense savings strategy that involves doubling down on budgeting and investing to quickly build a large nest egg—experts typically advise 25 times your annual expenses—so one can retire decades early.