What Happened To The FIRE Movement?

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In this thought-provoking video, we delve into the captivating rise and eventual decline of the FIRE (Financial Independence Retire Early) movement. Exploring the meteoric ascent of iconic figure Mr. Money Mustache and his revolutionary approach to financial freedom, we uncover the inspiring stories of individuals who courageously quit their traditional jobs to embrace a life of frugality and independence.

As we navigate through the evolution of the FIRE movement, we shed light on the initial allure of early retirement, the strategies employed to achieve financial independence, and the profound impact it had on countless lives. However, as time passed, a shift began to emerge within the community, leading to a wave of individuals stepping away from the movement.

Through insightful analysis and candid discussions, we examine the factors that contributed to the changing landscape of the FIRE movement, including shifting priorities, evolving perspectives on work-life balance, and the challenges faced by those who embarked on this unconventional journey. Join us as we unravel the complex narrative of the FIRE movement, exploring its triumphs, pitfalls, and the valuable lessons learned along the way.

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Let me hear your thoughts on the FIRE movement.. Have you tried it ? Could you stick to it?

brianfarrell
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Your channel is going to blow up. Your videos are constantly getting better. Keep it up

lazerhawk
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Im only 32 now, started investing at 28 to reach FIRE at 45. I was very frugal in the beginning, but as time went on, I felt lonely sometimes so I enjoyed myself a little bit here and there. Now im focusing on the FI component before 45, so that I can later on quit my standard job, and do something else like volunteering or serving a cause I'm passionate about.

MohamedHasan-ly
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Always love your videos! I was a writer before I left the paid workforce to raise my future change makers. You have such an authentic voice and an extraordinary gift for being vulnerable. Your story is going to reach millions one day. Wish I could work on your team!

rivasoucie
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Really enjoying your content. I would say the FIRE movement has not died at all, but it has evolved. Many of the people that “quit” just moved on to doing their own flavor, but with the underlying principle still being financial independence

jastorino
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Outstanding content 🙌🏻 Great music choice & editing. I also think your voice/commentary will have a powerful impact on so many people going through these same difficult moments. Thank you, this resonates with me 🙏🏻

IncomeBull
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I reached fire at 30, I don’t need to work but I enjoy it and keeps me sane and company, get to know new people and share activities. At this point, although the extra money is added bonus, I work so I can have a social life which I come to believe is very important and having a job is suddenly way more fun without the stress that normally comes when you are in need for it

Wiings
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The fire movement actually changed my life for the best .. i now have ultimate freedom.. i turn 35 in a couple of months im happy to say im retired enjoying life living off my etf dividends which more then cover my lifestyle and any future inflation.. highlly recommend for

Yieldthief
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I love your honesty combined with deeper analysis, it's very rare here on YouTube

AugustGrasth
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The financial independence achieved from FIRE was everything for me. I don't regret it at all. Mental health help alone makes it worth it. My dream is to find employment I enjoy. Working on my financial certifications because I want to help others get here. I wish I had found the moment earlier in life but I still retired 20 years earlier than most. And I love the prospect of working on something I love. I dont live frugally I think I just don't want as much as others but I don't feel like I lack the ability to do anything I want to do. I just get to take a portion of my life for me...and that's everything.

HonestOne
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Only seen a few of your vids so far, but really enjoying your practical, nuanced, approach. Also, 100% get not taking to the remote work thing. The few times I’ve had to work from home I’ve absolutely hated it, far prefer to be in the office or, even better, out on the job site.

Alfetta
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Looking for a flexible Job - Like working with people but don't want to be tied to 9-5 job 5 days a week, FIRE gives me Financially independence but I agree, not connecting to people could be an issue if you have limited social connection especially during the week when most of your family and friends are working or at school etc.

dlow
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My ex and I worked toward the FIRE movement. We started at 30 unknowingly. But by 35 we knew and were zooming along. When my husband was 44 he took a pay out and left the job he hated, well loved the type of work, hated the people and company. Unfortunately, instead of doing all the things he wanted to do, he got immersed in alcoholism and family violence. I continued to work in public schools in a job I loved that provided our healthcare. Within 6 months we were separated and eventually divorced. He got sober and went back to work. That might have saved our marriage, the sober part, but he was an angry and nasty as a sober man as when he was drunk. While sober, he got angry and ran into our son with his car 🤦‍♀️ . He liked his work and actually made more money with less of a commute. Retiring early is not for everyone. But being free to choose your work, the people you work with and the company would be good for most people.

I’m not understanding these young men bragging they don’t worth and don’t want to be part of the system but live at home rent free and use their parents cars. That means they are part of the systems of leeching off parents who work in the system.

Freaysclaw
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I don't know what happened to fire but I'm saving hard for early retirement and now I've got loads of money. Sweet.

richfrommitch
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I can dig FIRE too, except I don't earn a software engineer salary.

doraemonkawaii
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Did it go away? I found MMM a little over a decade ago, dove in hard, and just kinda kept chugging along afterwards. Once I had everything on autopilot I stopped following the blogs so much and posting in the forums. So from an internet voyeur's perspective, it might look like I stopped... but I was just offline, saving up enough to be financially set in my mid-30s like I wanted to be.

Now I'm coasting with a remote part time job in "one more year" mode. If I had to go back to an office, I'd just retire, but my current setup is pretty comfy.

The general FIRE ideas still work like they did back then. The only curveball in the last few years was all of the inflation people wouldn't have expected a decade ago. That changed the numbers faster than expected... so much that I became a millionaire 5 years earlier than I projected. But that's mostly offset by stuff being more expensive. So inflation hasn't really derailed anything. The numbers are just growing faster than they used to.

ordinaryhuman
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I love working on my business, retirement is the last thing i want to do

criminalcringe
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Hi! MMM did go on to create a physical community around himself. He bought a storefront in his town that others come to everyday. He also kept working - mainly construction for himself and others. So, you are not so different from him after all! Best wishes! Cindy from MN

cynthiaolson
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Financial independence recreational employment

matthewmartin
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You can always do volunteer work. Find yourself and what you want to do enjoy FI

mikem