The FIRE movement is burning up, but is it actually worth it?
Berman, the author of "Retire by 30," reached financial independence in his mid-20s. Courtesy of Cody Berman This post originally appeared in the BI Today newsletter. You can sign up for Business Insider's daily newsletter here . FIRE's pros and cons Financial independence doesn't have to come at the expense of enjoying life. My colleague Kathleen Elkins has for years covered the FIRE lifestyle, short for financial independence, retire early. It's a world traditionally defined by people who aggressively save and invest, building nest eggs large enough to escape the 9-to-5 grind decades ahead of schedule. Now, she's found that a new wave of young investors is adopting a much more chill alternative to FIRE . Instead of relentless hoarding, they're front-loading their retirement accounts early, then easing off once their portfolios are on track. The logic is to work enough to cover current expenses and let investment gains compound in the background. Kat...
