How much do I need to start investing? When should I start investing? With our early retirement excel spreadsheet we show you how big of an impact small contributions early on have on your retirement portfolio. Use our FIRE Retirement calculator spreadsheet to quickly run a number of different scenarios.
About FIRE Retirement
FIRE stands for Financial Independence Retire Early. The FIRE movement has really taken off over the last few years. The idea behind FIRE is to first become financial independent by paying off all of your debt. This puts you in a situation where losing your job because less and less of a stress. The next step is focused on frugality and retirement savings. The FIRE lifestyle is living below your means and saving enough money to meet your financial goals. This allows you to save more money and allows you to retire at an earlier age.