{"data":{"id":"2886695c-981d-4cba-bf4f-80ebfd58078b","updated_at":"2024-09-22T23:07:45Z","template_id":"73046548-86ec-431a-aca0-75b53bc936f3","localized":{"blocks":[{"id":"62280713-e17f-49a1-897d-b6976a58a3a1","kind":"richtext","template_id":null,"content_html":"

Have you heard the term FIRE? It a term that refers to Financial Independence, Retire Early.

The FIRE movement first started gaining traction around 2010. The intent behind this objective is to agressively save enough assets that would then be able to generate enough passive income to pay for living expenses without necessarily having to work. Ideally this would be done much faster than the normal retirement savings process so that someone would then be able to retire early. Ideally in their 30’s or 40’s.

In theory this sounds great. Who wouldn’t want to be able to stop working early and then do whatever they want to do every day?

But there is one problem with this theory. It’s the retire early part.

Retirement is a major life transition that is about more than just money. Even in traditional retirement, people are struggling with the 20 or 30 years of life they now have to fill without work. What happens when this is possibly 40 or 50 years?

Everyone needs a purpose.

This is the reason that we get out of bed in the morning. And the research is mounting on the need for this as without it, it can cause both mental and physical challenges.

There was a really interesting article with a dire warning to those seeking to join the FIRE Movement (Financial Independence, Retire Early). In particular, I found these words quite haunting from someone who took the FIRE plunge;

"Time has no meaning and you are a traveler in between worlds waiting for death’s inevitable tap on the shoulder."

It speaks loudly to the need to have purpose at any age. It's great to work hard and be able to leave your day to day job but after you leave you still will need something to do.

So maybe we should redefine FIRE. How about Financial Independence Reignite Early?

Reignite means "reawake, rekindle, relight". If you're actually able to achieve FIRE, this could be a great opportunity to reawake your curiosity, rekindle interests and passions and relight yourself to support the world in some new capacity.

Certainly sounds better than getting burned.

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Susan Williams is the visionary founder of Booming Encore. With over 28 years of experience in corporate senior leadership and executive roles, she realized there was a significant gap in resources for those seeking a purposeful and healthy later life. Driven by her passion to make a difference, she decided that if she couldn't find it, she would create it and launched Booming Encore in 2013.

Since then, the Booming Encore has organically grown into a globally recognized authority on retirement, aging, and longevity. Susan’s commitment to empowering individuals is further reflected in her co-authorship of Retirement Heaven or Hell: Which Will You Choose? and her contributions to Longevity Lifestyle by Design.

An engaging speaker and advocate, Susan passionately shares the importance of all the aspects that can help people positively live, embrace and contribute in their later years. Today, she’s not just helping others create their own “booming encore”—she is actually living hers. Join her on this inspiring journey and also live your best booming encore!

","description_text":"Susan Williams is the visionary founder of Booming Encore. With over 28 years of experience in corporate senior leadership and executive roles, she realized there was a significant gap in resources for those seeking a purposeful and healthy later life. Driven by her passion to make a difference, she decided that if she couldn't find it, she would create it and launched Booming Encore in 2013.Since then, the Booming Encore has organically grown into a globally recognized authority on retirement, aging, and longevity. Susan’s commitment to empowering individuals is further reflected in her co-authorship of Retirement Heaven or Hell: Which Will You Choose? and her contributions to Longevity Lifestyle by Design.An engaging speaker and advocate, Susan passionately shares the importance of all the aspects that can help people positively live, embrace and contribute in their later years. Today, she’s not just helping others create their own “booming encore”—she is actually living hers. Join her on this inspiring journey and also live your best booming encore!","summary_html":"

Founder, Booming Encore

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