TAKE THE MONEY AND RUN
FIRE stands for Financial Independence, Retire Early. The method, however, is much less glamorous than the goal: you save aggressively for years and make smart investments so you can eventually live off the passive income. The movement was popularised in the US by software engineer Peter Adeney, known online as Mr Money Mustache, whose creed of saving the majority of his income saw him retire in 2005 at the age of 30. Since then, blogs and discussion forums about FIRE have proliferated online and it is taking the Australian media by storm. At its extreme, FIRE might not appeal to
