Early retirement isn’t just an idealistic goal anymore. The idea of Financial Independence, Retire Early (FIRE) has gained traction among millennials and Gen Z, even in the face of high living costs, inflation, and a fast-changing job market. But what does FIRE really look like for Singaporeans? Is it possible to work towards it without giving up holidays or surviving on instant noodles? Here’s a look at how you can take a realistic approach to FIRE, the challenges that may come up, and the main steps involved. What is FIRE? FIRE stands for Financial Independence, Retire Early. The idea is simple: build enough wealth so that you no longer have to work unless you choose to. That way, you can retire much earlier than the usual retirement age. To achieve FIRE, you typically need to save aggressively, invest wisely, and be deliberate about your spending. There isn’t a one-size-fits-all solution. In fact, there are three main versions:...