London Daily

Focus on the big picture.
Wednesday, Jan 28, 2026

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
Starmer Seeks Economic Gains From China Visit While Navigating US Diplomatic Sensitivities
Starmer Says China Visit Will Deliver Economic Benefits as He Prepares to Meet Xi Jinping
UK Prime Minister Starmer Arrives in China to Bolster Trade and Warn Firms of Strategic Opportunities
Wall Street Bets on Strong US Growth and Currency Moves as Dollar Slips After Trump Comments
UK Prime Minister Traveled to China Using Temporary Phones and Laptops to Limit Espionage Risks
Google’s $68 Million Voice Assistant Settlement Exposes Incentives That Reward Over-Collection
Kim Kardashian Admits Faking Paparazzi Visit to Britney Spears for Fame in Early 2000s
UPS to Cut 30,000 More Jobs by 2026 Amid Shift to High-Margin Deliveries
France Plans to Replace Teams and Zoom Across Government With Homegrown Visio by 2027
Trump Removes Minneapolis Deportation Operation Commander After Fatal Shooting of Protester
Iran’s Elite Wealth Abroad and Sanctions Leakage: How Offshore Luxury Sustains Regime Resilience
U.S. Central Command Announces Regional Air Exercise as Iran Unveils Drone Carrier Footage
Four Arrested in Andhra Pradesh Over Alleged HIV-Contaminated Injection Attack on Doctor
Hot Drinks, Hidden Particles: How Disposable Cups Quietly Increase Microplastic Exposure
UK Banks Pledge £11 Billion Lending Package to Help Firms Expand Overseas
Suella Braverman Defects to Reform UK, Accusing Conservatives of Betrayal on Core Policies
Melania Trump Documentary Sees Limited Box Office Traction in UK Cinemas
Meta and EssilorLuxottica Ray-Ban Smart Glasses and the Non-Consensual Public Recording Economy
WhatsApp Develops New Meta AI Features to Enhance User Control
Germany Considers Gold Reserves Amidst Rising Tensions with the U.S.
Michael Schumacher Shows Significant Improvement in Health Status
Greenland’s NATO Stress Test: Coercion, Credibility, and the New Arctic Bargaining Game
Diego Garcia and the Chagos Dispute: When Decolonization Collides With Alliance Power
Trump Claims “Total” U.S. Access to Greenland as NATO Weighs Arctic Basing Rights and Deterrence
Air France and KLM Suspend Multiple Middle East Routes as Regional Tensions Disrupt Aviation
U.S. winter storm triggers 13,000-plus flight cancellations and 160,000 power outages
Poland delays euro adoption as Domański cites $1tn economy and zloty advantage
White House: Trump warns Canada of 100% tariff if Carney finalizes China trade deal
PLA opens CMC probe of Zhang Youxia, Liu Zhenli over Xi authority and discipline violations
ICE and DHS immigration raids in Minneapolis: the use-of-force accountability crisis in mass deportation enforcement
UK’s Starmer and Trump Agree on Urgent Need to Bolster Arctic Security
Starmer Breaks Diplomatic Restraint With Firm Rebuke of Trump, Seizing Chance to Advocate for Europe
UK Finance Minister Reeves to Join Starmer on China Visit to Bolster Trade and Economic Ties
Prince Harry Says Sacrifices of NATO Forces in Afghanistan Deserve ‘Respect’ After Trump Remarks
Barron Trump Emerges as Key Remote Witness in UK Assault and Rape Trial
Nigel Farage Attended Davos 2026 Using HP Trust Delegate Pass Linked to Sasan Ghandehari
Gold Jumps More Than 8% in a Week as the Dollar Slides Amid Greenland Tariff Dispute
BlackRock Executive Rick Rieder Emerges as Leading Contender to Succeed Jerome Powell as Fed Chair
Boston Dynamics Atlas humanoid robot and LG CLOiD home robot: the platform lock-in fight to control Physical AI
United States under President Donald Trump completes withdrawal from the World Health Organization: health sovereignty versus global outbreak early-warning access
FBI and U.S. prosecutors vs Ryan Wedding’s transnational cocaine-smuggling network: the fight over witness-killing and cross-border enforcement
Trump Administration’s Iran Military Buildup and Sanctions Campaign Puts Deterrence Credibility on the Line
Apple and OpenAI Chase Screenless AI Wearables as the Post-iPhone Interface Battle Heats Up
Tech Brief: AI Compute, Chips, and Platform Power Moves Driving Today’s Market Narrative
NATO’s Stress Test Under Trump: Alliance Credibility, Burden-Sharing, and the Fight Over Strategic Territory
OpenAI’s Money Problem: Explosive Growth, Even Faster Costs, and a Race to Stay Ahead
Trump Reverses Course and Criticises UK-Mauritius Chagos Islands Agreement
Elizabeth Hurley Tells UK Court of ‘Brutal’ Invasion of Privacy in Phone Hacking Case
UK Bond Yields Climb as Report Fuels Speculation Over Andy Burnham’s Return to Parliament
America’s Venezuela Oil Grip Meets China’s Demand: Market Power, Legal Shockwaves, and the New Rules of Energy Leverage
×