Has COVID-19 Killed the Fire Movement? with Bob Lai

In recent years, the FIRE movement, which stands for Financial Independence, Retire Early, has found popularity with millennials across Canada and the US. But this extreme version of early retirement requires a very high savings rate for an extended period of time, which begs the question: Has the COVID-19 pandemic derailed the retirement dreams of FIRE enthusiasts? To find out, I reached out to Bob Lai, a popular FIRE blogger based in Vancouver. Bob and his wife are planning to retire early within the next 10 years, so I was interested to get his perspective and find out how COVID-19 has affected their FIRE plans. You can find the show notes for this episode at https://maplemoney.com/118 Did you know that 57% of Canadian adults don’t have a will? Willful has made it more affordable, convenient, and easy for Canadians to create a legal will and Power of Attorney documents online from the comfort of home. In less than 20 minutes and for a fraction of the price of visiting a lawyer, you can gain peace of mind knowing you’ve put a plan in place to protect your children, pets and loved ones in the event of an emergency. Get started for free at https://maplemoney.com/willful and use promo code MAPLEMONEY to save 15%