How far would you go for financial freedom?
Who doesn't dream of retiring early? In Playing with FIRE (Financial Independence Retire Early), filmmaker Scott Rieckens expands on the ideas he introduced in his documentary of the same title. The goal behind each of his insights is singular and significant: to enable the reader to achieve financial freedom independent of a traditional career.
For reaching early retirement, Rieckens encourages readers to focus on two steps: minimizing their spending through frugality and maximizing their income in any way possible. The objective behind these steps is to create a sizeable gap between one's income and expenditures. Keep that extra money in a place where it can truly grow, and you'll be well on your way to an early retirement.
In Playing with FIRE, Rieckens explores these ideas in detail by relating real-life examples of people who have followed these steps, including himself.
On the outside, Rieckens was living the American dream. He was a successful entrepreneur with a BMW in the driveway, a wonderful marriage, an adorable 2-year-old daughter and a beautiful house in Southern California. But inside, he was depressed and stifled. He was stuck working himself to the bone at a stressful job to keep up the family's lifestyle.
To him, there seemed to be no way out. After listening to a mind-blowing podcast, he decided to change his life. Less than half a year later, he had abandoned his job and persuaded his family to move out of their home while cutting their expenses in half. Today, his family is living proof that the FIRE methodology really works—and can really lead to genuine happiness and fulfillment.
Readers are calling Playing with FIRE a fascinating and relatable account about a couple's transformation from super-spenders to financially independents.
Are you ready to feel the heat of FIRE? Give the book a chance and you might find yourself on the road to a rapid retirement sooner than you thought possible.
Your Turn: Is an early retirement a goal for you or do you enjoy your work? Share your thoughts with us in the comments below.