How to Invest in Real Estate to Achieve FIRE

The goal of the FIRE movement is to obtain financial independence through smarter spending, saving and investing more money than is typically recommended. The eventual goal of FIRE practitioners is to retire early — hence the acronym FIRE, which stands for Financial Independence, Retire Early. According to FIRE enthusiasts, it’s “complete freedom to be the best, most powerful, energetic, happiest and most generous version of you that you can possibly be.”

People who practice FIRE tend to save or invest 50% to 75% of their income. They live frugally in the meantime and avoid taking on unnecessary debt or making large unnecessary purchases. The FIRE movement has especially influenced the saving habits of younger generations. Those between 18 and 37 years of age save nearly 16% more of their annual income for retirement when compared to older generations....

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RSK: If you are a beginner interested in investing in real estate here a few pro`s & con`s from simple dollar.