“Fire and brimstone coming down from the skies! Rivers and seas boiling!”
“Forty years of darkness! Earthquakes, volcanoes…”
“The dead rising from the grave!”
“Human sacrifice, dogs and cats living together… mass hysteria!”
– The Ghostbusters
We all like to think glowingly about our future. Raising our families, fun vacations, memorable meals, and retirement, of course! We spend a great deal of time thinking and planning about what fun things we are going to do and how we will go about doing them. In the Financial Independence Retire Early (FIRE) community, we use high savings rates to reach Financial Independence (FI) much quicker than our non-FIRE peers.
But unfortunately, S^&T happens, and our best-laid plans could go up in smoke. However, the same skills you use to propel yourself on the path to FI can serve you well when everything that can go wrong, does go wrong.