London Daily

Focus on the big picture.
Saturday, Nov 29, 2025

I used to think early retirement was the only way to live my ideal life, but I've found a better approach

I used to think early retirement was the only way to live my ideal life, but I've found a better approach

The FIRE movement seemed so appealing at first, until she realized she'd have to sacrifice to the point of deprivation to reach the end goal.

There was something so enticing to me about the financial independence/retire early movement (FIRE) when I learned about it a few years back. The idea that if you understood your numbers, you could aggressively invest, save, and reach retirement over a short period of time and begin living your best life when you hit your ideal retirement number.

FIRE folks are those people we read about retiring at the age of 32 with over $1 million saved. Or, the 27-year-old who never had debt and worked a high-paying job and optimized every financial decision in order to hit their FIRE number before 30. In retrospect, I'm surprised I felt so strongly about the FIRE movement, because nothing about my financial life would indicate that FIRE would ever be right for me.

As time went on, I started asking myself some questions about FIRE, and I realized that FIRE connects deeply with the imagined life that most people want to live and plays on that hopeful future. But it just wasn't for me.

What changed for me


I really disliked the idea that I would have to sacrifice to the point of financial deprivation for the next 10 to 12 years in order to hit my FIRE number. Part of why I disliked this is that I'd already sacrificed for years to pay off more than $60,000 in unsecured debt. I'd side-hustled, lived in a small home, and said "no" more often than not to purchases that I felt would negatively impact my debt-repayment goals.

These were great financial moves at the time, but I kept thinking about my life in the future. I started to dream about what my ideal FIRE life would look like.

* Waking up naturally without using an alarm clock

* Traveling around on road trips in my state of Colorado, visiting my relatives, or going abroad whenever I felt like it

* Pursuing intellectual interests to my heart's content

* Helping others financially or through volunteering when possible

* Going to brunch and having that bottomless mimosa

What I found problematic about FIRE was that I didn't want to wait years to live my best life. Especially because I was older than 32 when I stumbled upon this financial pursuit. In fact, I was in debt, professionally burnt out, and tired — not exactly prime for FIRE.

Also, the more I thought about the financial independence/retire early movement, the more I found myself questioning why certain very important conversations about access and finances weren't being had in the FIRE community.

The truth about FIRE


Here's the thing: The money — the FIRE math — it works. If you invest at a much higher rate than most people, have no debt, and earn a great salary, you can easily hit your FIRE goals.

But what if you're a person like me facing a ton of financial headwinds? My access to FIRE wasn't the same as the 27-year-old with no debt and a high-paying job.

FIRE relies on being debt-free. There's no way that you can invest at over 50% if you're also actively paying down debt like I was.

Plus, the more complicated your finances are, the more challenging it is to work towards FIRE. In my case, I had a very complicated debt situation. It hasn't been until recently that my finances have simplified enough that I can focus on traditional FIRE. If you're dealing with a large number of creditors, etc., this impacts your ability to focus on FIRE.

On top of that, working towards FIRE requires a financial skillset similar to paying off a large amount of debt, learning how to negotiate your wage, etc. It takes a while to get into a rhythm that is comfortable and moves you toward your goals.

There also seems to be a lot of conflict within the FIRE community about working after you hit your FIRE number, which honestly makes no sense to me. Why not work if you're enjoying it?

Things changed for me when I learned about Slow FIRE


Fortunately, there are a number of ways to approach FIRE depending on your financial philosophy and the reality of your finances. Eventually, I learned about Slow FIRE, which was incredibly attractive as a financial philosophy.

With Slow FIRE, you are investing, saving, and working towards your ultimate FIRE number, but you are likely doing this at a slower rate than regular FIRE folks who tend to approach the financial steps to obtain FIRE more aggressively. Basically, Slow FIRE practitioners are aware that it will take awhile to reach their final FIRE number. Slow FIRE adherents may still be cleaning up their financial foundation. This may look like finishing up debt repayment, lowering overall expenses, and looking to grow income. These are key steps in the FIRE journey.

Basically, Slow FIRE is similar to the regular FIRE movement with a couple of major exceptions.

* Slow FIRE practitioners focus on designing and achieving their FIRE lifestyle now. This may include working remotely in order to create more flexibility in their lives. It's also a nod to the fact they will work longer in order to hit their FIRE number. There's no work-shaming because work factors heavily into Slow FIRE.

* Work is a large part of Slow FIRE, but the emphasis is on working in a way that works best for you right now. In fact, COVID has created a huge opportunity for professionals to design their best lives now while earning an income and focusing on their future.

I appreciate that Slow FIRE is a more approachable way to begin the financial independence process.

Newsletter

Related Articles

0:00
0:00
Close
250 Still Missing in the Massive Fire, 94 Killed. One Day After the Disaster: Survivor Rescued on the 16th Floor
Trump: National Guard Soldier Who Was Shot in Washington Has Died; Second Soldier Fighting for His Life
UK Chancellor Reeves Defends Tax Rises as Essential to Reduce Child Poverty and Stabilise Public Finances
No Evidence Found for Claim That UK Schools Are Shifting to Teaching American English
European Powers Urge Israel to Halt West Bank Settler Violence Amid Surge in Attacks
"I Would Have Given Her a Kidney": She Lent Bezos’s Ex-Wife $1,000 — and Received Millions in Return
European States Approve First-ever Military-Grade Surveillance Network via ESA
UK to Slash Key Pension Tax Perk, Targeting High Earners Under New Budget
UK Government Announces £150 Annual Cut to Household Energy Bills Through Levy Reforms
UK Court Hears Challenge to Ban on Palestine Action as Critics Decry Heavy-Handed Measures
Investors Rush Into UK Gilts and Sterling After Budget Eases Fiscal Concerns
UK to Raise Online Betting Taxes by £1.1 Billion Under New Budget — Firms Warn of Fallout
Lamine Yamal? The ‘Heir to Messi’ Lost to Barcelona — and the Kingdom Is in a Frenzy
Warner Music Group Drops Suit Against Suno, Launches Licensed AI-Music Deal
HP to Cut up to 6,000 Jobs Globally as It Ramps Up AI Integration
MediaWorld Sold iPad Air for €15 — Then Asked Customers to Return Them or Pay More
UK Prime Minister Sir Keir Starmer Promises ‘Full-Time’ Education for All Children as School Attendance Slips
UK Extends Sugar Tax to Sweetened Milkshakes and Lattes in 2028 Health Push
UK Government Backs £49 Billion Plan for Heathrow Third Runway and Expansion
UK Gambling Firms Report £1bn Surge in Annual Profits as Pressure Mounts for Higher Betting Taxes
UK Shares Advance Ahead of Budget as Financials and Consumer Staples Lead Gains
Domino’s UK CEO Andrew Rennie Steps Down Amid Strategic Reset
UK Economy Stalls as Reeves Faces First Budget Test
UK Economy’s Weak Start Adds Pressure on Prime Minister Starmer
UK Government Acknowledges Billionaire Exodus Amid Tax Rise Concerns
UK Budget 2025: Markets Brace as Chancellor Faces Fiscal Tightrope
UK Unveils Strategic Plan to Secure Critical Mineral Supply Chains
UK Taskforce Calls for Radical Reset of Nuclear Regulation to Cut Costs and Accelerate Build
UK Government Launches Consultation on Major Overhaul of Settlement Rules
Google Struggles to Meet AI Demand as Infrastructure, Energy and Supply-Chain Gaps Deepen
Car Parts Leader Warns Europe Faces Heavy Job Losses in ‘Darwinian’ Auto Shake-Out
Arsenal Move Six Points Clear After Eze’s Historic Hat-Trick in Derby Rout
Wealthy New Yorkers Weigh Second Homes as the ‘Mamdani Effect’ Ripples Through Luxury Markets
Families Accuse OpenAI of Enabling ‘AI-Driven Delusions’ After Multiple Suicides
UK Unveils Critical-Minerals Strategy to Break China Supply-Chain Grip
Taylor Swift’s “The Fate of Ophelia” Extends U.K. No. 1 Run to Five Weeks
UK VPN Sign-Ups Surge by Over 1,400 % as Age-Verification Law Takes Effect
Former MEP Nathan Gill Jailed for Over Ten Years After Taking Pro-Russia Bribes
Majority of UK Entrepreneurs Regard Government as ‘Anti-Business’, Survey Shows
UK’s Starmer and US President Trump Align as Geneva Talks Probe Ukraine Peace Plan
UK Prime Minister Signals Former Prince Andrew Should Testify to US Epstein Inquiry
Royal Navy Deploys HMS Severn to Shadow Russian Corvette and Tanker Off UK Coast
China’s Wedding Boom: Nightclubs, Mountains and a Demographic Reset
Fugees Founding Member Pras Michel Sentenced to 14 Years in High-Profile US Foreign Influence Case
WhatsApp’s Unexpected Rise Reshapes American Messaging Habits
United States: Judge Dressed Up as Elvis During Hearings – and Was Forced to Resign
Johnson Blasts ‘Incoherent’ Covid Inquiry Findings Amid Report’s Harsh Critique of His Government
Lord Rothermere Secures £500 Million Deal to Acquire Telegraph Titles
Maduro Tightens Security Measures as U.S. Strike Threat Intensifies
U.S. Envoys Deliver Ultimatum to Ukraine: Sign Peace Deal by Thursday or Risk Losing American Support
×