I read quite a few instances on FIRE (also known as Financial Independence and Retire Early). The most important thing for FIRE is Financial Independence (also known as FI) Achieving FI gives one the option to do the things of his/her interest and on his/her terms. I can attest to that. I had no fear when there were rumours of retrenchments in the organisation in which I worked for after achieving FIRE. If the retrenchment occurred, I hope that I am the one who was picked for layoff. This will entitle me to the compensations. I believe that this is the sort of feeling when one achieves FIRE. I always believe that everyone can achieve FIRE. This can be done by having the minimalist lifestyle. Such lifestyle may not be appealing to all the parties. I will say that these are to each of our own. Different individuals have different perspectives. Hence, it will lead to different made choices and decisions. This is how life is all about having the options.
My approach is to live life to the fullest as per one’s preference.