FIRE movement | Emergency buffers | Sea/Tree changes | Linked policies | Aged care
In this month’s newsletter, we begin by providing insight into the somewhat controversial FIRE (Financial Independence, Retire Early) movement. Our animation illustrates the importance of an emergency buffer – a ‘rainy day fund’ to weather financial emergencies. A sea/tree change can be on the cards for some pre-retirees and retirees; we offer food for thought on this. Linked personal insurance policies can make sense in some instances; we explore this through the lens of a needs analysis. Lastly, we leave you with a video by Saturday Night Live that delivers a light-hearted segue into talking about aged care services.
Wealth accumulation and the FIRE movement
The FIRE (Financial Independence, Retire Early) movement is a rather controversial social lifestyle movement that’s gaining some traction. In this article, we provide insight into this movement.