The average retirement age in the U.S. was 62 in 2023 ... job in order to bring in extra money for investing. Your FIRE number is the amount of money you'll need to cover all your expenses ...

First, many calculate their FIRE number -- the amount they think they'll need to cover their retirement costs -- by multiplying their estimated annual expenses by 25. This is a popular strategy ...

The Financial Independence, Retire Early (FIRE) movement has skyrocketed in popularity over the last few decades. The basic ...

Although the average retirement age is 62 ... retire early movement, also known as FIRE, which enabled them to quit work in their 40s or 50s. Doing so can open doors to pursuing other activities ...