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If you've dreamed of retiring early but don't have the financial means to build a massive retirement portfolio, you may be a candidate for the Lean FIRE movement.
Instead of building a bigger nest egg to support an expensive lifestyle, Lean FIRE encourages keeping your spending low so you need less to become financially independent. For those willing to embrace a more frugal lifestyle, that could put early retirement within reach sooner.
Here's a closer look at how Lean FIRE works and whether it's a realistic goal for you.
Lean FIRE — also known as LeanFI — is a version of the Financial Independence, Retire Early (FIRE) movement.