The FIRE Movement Has 1 Big Flaw, So You May Want to Take This Approach to Early Retirement Instead
Some people plug away at a job until their 60s, or even beyond, only to retire at a point in their lives when their health isn't optimal and it's harder to do the things they've always wanted to. That's why the FIRE movement has gained its fair share of traction in recent years.
Also known as Financial Independence, Retire Early, the FIRE movement has people socking away large chunks of their income with the goal of being able to make a really early workforce exit. That could mean retiring at 35, 42, or whatever age works for you. But for the most part, you're looking at ending your career well ahead of the typical retiree -- and well before you're eligible for benefits from Social Security or Medicare.
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Source Fool.com