“Great! Now I know how to make my nest egg last for my early retirement. But what if I don’t care about retiring early or saving up enough to become financially independent? I love my job and want to do it forever! YAY WORK!“
That’s great! You’re either lying to yourself (and me), or you may be one of the very tiny minority that honestly feels this way, and I might be just a little bit jealous.
In my first post, I briefly talked about the concept of FIRE (Financial Independence and Early Retirement). We’re going to further explore the FIRE concept and find out how to make your nest egg last, and why you want to invest it instead of just saving it. The general idea can be summed up as follows:
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Welcome! A Pocket Full Of Change is a blog about personal finance from a Canadian perspective. At its core are elements of the FIRE (Financial Independence Retire Early) movement and my experiences with it so far. There will be various topics on saving, investing, real estate, some psychology, philosophy, and maybe some life hacks and other fun stuff. My goal to address some issues that have not yet been touched upon in the FIRE world, and to share some new perspectives on existing ideas.
You may be asking yourself, “What is this FIRE movement you’re talking about?” Great question! The idea has been around for a while, but has become more mainstream in the last decade. It is comprised of two ideas that overlap each other.
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