Should you be part of the FIRE movement in Singapore?
By Endowus Insights  •  May 24, 2022
Surging inflation today can make retirement feel more elusive than before. So the raging question you may have today is this: just when will you be able to retire? For those aspiring to escape the clutches of employment as soon as you can, the Financial Independence, Retire Early (FIRE) movement may appeal. What is FIRE? FIRE stands for “Financial Independence, Retire Early” and is a lifestyle movement that enables you to retire well before the statutory retirement age, by living frugally and saving aggressively during your working years. The main idea behind FIRE is to save enough money during your working years, to enjoy freedom earlier. FIRE originated from a book titled “Your Money or Your Life” by Vicki Robin and Joe Dominguez. The book aims to help to transform your relationship with money, and empower you to achieve financial independence. Over the years, the topic gained widespread popularity and...
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By Endowus Insights
Headquartered in Singapore, Endowus is the first and only digital advisor for CPF, SRS, and cash savings, helping everyone invest holistically, conveniently, and with expert advice at the lowest cost possible.

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