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FIRE stands for Financial Independence, Retire Early. It's a lifestyle movement focused on extreme saving and investing to achieve early retirement.
The core principle is accumulating enough investments (typically 25x annual expenses) so that withdrawal income can cover living costs indefinitely.
FIRE strategies include "Lean FIRE" (frugal living), "Fat FIRE" (higher spending), and "Barista FIRE" (part-time work supplement).
Understanding fire helps you make better investment decisions and plan for taxes. Use our fire calculator to see how it applies to your situation.