In 1881, Otto von Bismarck proposed a radical idea for retirement: people above the age of 70 would be given a state pension, encouraging them to stop working. This model has since been adopted en masse and most countries now have a retirement age, after which workers can claim benefits paid through years of their work.
Where does Canada rank? →What is the FIRE movement and how does it work? By Andreina Rodriguez
The concept of early retirement has gained momentum in recent years, but is it attainable for everyone →Lean FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early. With Lean FIRE the goal is retire early and live a frugal lifestyle. You would likely live on the minimal necessities and save the rest, and your retirement would be more frugal in nature.
Lean FIRE: The Fast Track to Early Retirement – If You Can Stomach a Small Budget by Nick Wolny →← Curating the web to find the most interesting and helpful information about your money.