What Is the FIRE Movement?

Retirement Answer Man

Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Lifeplanning, Retirementplanning, Financialplanning, Saving, Careerplanning, Self-improvement, Education, Retirementpodcast, Investing, Business, Investmentmanagement, Retirement

4.7 • 1.1K Ratings

🗓️ 7 February 2024

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

Have you heard of the FIRE movement? It’s become increasingly popular in the past few years. Even if you are technically too old to retire early, there is something we can all learn from FIRE seekers.

In this episode, Kevin Sebesta, a real live FIREer joins me to discuss what FIRE is, how he achieved it, and what people who retire early do with their time.

Make sure to stick around for the Bring It On segment with Dr. Bobby Dubois to learn whether supplements are worth the time and money we spend on them. Dr. Bobby helps us develop a framework for deciding whether supplements are right for us.

OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN

WHAT I READ IN JANUARY

[2:02] Books I read last month

PRACTICAL PLANNING SEGMENT

[5:55] Meet Kevin
[9:56] Defining FIRE
[15:24] Who enjoys FIRE
[21:23] Why FIRE has caught on

BRING IT ON WITH DR. BOBBY DUBOIS

[26:12] Why are supplements important?
[30:54] How should we go about exploring supplements?
[39:44] What do the studies show?
[44:18] What about multivitamin supplements?
[48:20] What supplements does Dr. Bobby support?
[52:10] The takeaways

TODAY’S SMART SPRINT SEGMENT

[53:58] Read a book!

Resources Mentioned In This Episode

BOOK - Scarcity Brain by Michael Easter

BOOK - Moby Dick by Herman Melville

BOOK - The Eye of the World by Robert Jordan

Rock Retirement Club

Roger’s YouTube Channel - Roger That

BOOK - Rock Retirement by Roger Whitney

Roger’s Retirement Learning Center

Transcript

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0:00.0	The show is a proud member of the Retirement Podcast Network.
0:03.7	In the course of my life, I've often had to eat my words.
0:08.8	And I must confess that I've always found it a wholesome diet.
0:14.0	Winston Churchill 1940.
0:18.0	Hey there, welcome to the Retirement Answer Man Show. My name is Roger Whitney,
0:26.2	and this is the show dedicated to helping you not just survive retirement,
0:29.5	but have the confidence to lean in and rock retirement. Now by day I am a practicing retirement planner
0:37.2	for over 30 years but my side gig is thinking with you on how do you actually do this stuff, how do you create a life
0:47.7	that you're proud of in retirement, not just the money side, but the non-financial side as well. This month on the show we are going to
0:56.0	explore fire financially independent retire early. This is a movement that has come about in the last 10 years or so
1:06.1	that is focused on well financially independent and retire early now retirement
1:10.9	means something different than maybe you and I have thought of.
1:13.6	And to help me this month, I'm bringing on one of my good friends,
1:17.3	Kevin Sebastian, who is a coach in the Rock Retirement Club, but also retired early.
1:21.3	I think he retired at 42. We're going to hear a little bit of his story.
1:24.4	We're going to explore this fire movement of what these 20, 30, 40 or something
1:28.9	year olds are focused on. Maybe it's something that you can pass to your kids, but I think there's some things
1:34.4	that you and I can learn in order to rock retirement today.
1:39.0	So that's what we're going to do this week.
1:40.5	And then we're going to have Dr. Bobby DuBois on to in our rock life segment to talk about should we take supplements or not excited about that.
1:49.0	Now before we get started because it's the first of the month I want to talk about the books that I read in January.
1:54.0	This seems to be something really fun to do. I get a lot of great books from you as we've started this monthly review.
	...

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