Financial Independence, Retire Early - A Guide To The FIRE Model FIRE Model Aims For Early Retirement In 30s, 40s, Or 50s Primary Goal Is To Attain Financial Independence, Can Be Achieved By Multiple Income Sources FIRE Model Can Be Adopted By Keeping A Diverse Approach To Your Investments Calls For Extreme Savings Ranging Near 50-70 Per Cent Of Your Income FIRE Movement Promotes A Frugal And Minimalist Lifestyle Urges Individuals To Curb Their Impulse Expenses And Live Below Their Means 4% Rule Says To Use 4 Per Cent Of Savings Annually In Retirement Years For Expenses Essential To Cut Down On Debt And Avoid Credit Cards FIRE Model Helps Achieve Financial Security, Freedom And Live Stress Free Retirement Life Doesn't Allow People To Live Their Present, Poses A Risk Factor And Can Be Unattainable