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FIRE

What does FIRE mean?

By Jay Zigmont | May 16, 2024

Spend any time in the personal finance space and you might hear the term FIRE to describe a way of life that some people are pursuing. What is FIRE, and is it something you should pursue? Let’s take a look. What is FIRE? FIRE stands for “Financial Independence, Retire Early.” It’s a lifestyle that involves […]

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How do I know when I’m ready to retire?

By Jay Zigmont | May 7, 2024

If you’re deep in the throes of your working years, you might be wondering how to tell when it’s time to retire. How do you know you’re ready, financially and otherwise? Let’s look at what to consider when deciding. Do you actually want to retire? There is no rule saying you must retire in a […]

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Childfree Retirement

By Childfree Wealth | Jan 26, 2023

In my 10+ years of being a financial planner, the most exciting aspect of this job is helping people do something they never thought they could do. This is particularly rewarding when working with Childfree people and they have the realization that all the “traditional rules” of life are thrown out when you don’t have […]

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Opportunity Costs and Die With Zero

By Childfree Wealth | Jan 4, 2023

I was somewhere between Washington DC and Seattle when the concept of opportunity costs smacked me in the face (versus the more subtle way it typically appears in my life on a daily basis – sneaking into my decision-making on a just-barely-conscious level). I was sitting in an aisle seat of a Boeing jet, headed […]

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A Portrait of Logic and FIRE – Childfree Wealth

By Jay Zigmont | Oct 4, 2022

Greg 37, Male, Married, Virginia Bachelor’s in Accounting Corporate Accountant This portrait is one of 26 real life stories presented in the book, Portraits of Childfree Wealth. You can download a free copy here. Greg and his wife are accountants. He is an accountant for a financial firm, and she works for a university. He and his […]

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FILE vs FIRE – Finding what is right for you.

By Jay Zigmont | Aug 28, 2022

It used to be that the goal was to retire and ‘get the watch.’ People would work 25 years at one company, pay their bills, and then retire (often with a pension). Those days are gone. Retirement is no longer ‘guaranteed’ for anyone and may not even be a choice for many. Even for those […]

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Lorna – A Childfree Portrait of Accidental FIRE

By Jay Zigmont | Aug 28, 2022

This story is one of 26 portraits in my book “Portraits of Childfree Wealth”. Lorna 52 years old, Female, Widowed, Massachusetts Master’s in Computer Science Retired Lorna came to the U.S. from Scotland approximately 25 years ago. She has gone from growing up in the lower working class to retiring last year at age 51. She […]

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