Jill On Money: The great lock in

Jill Schlesinger

Every so often, there’s a new twist on an old financial planning idea. A recent example was the “FIRE” movement (“Financial independence, retire early”), which became mainstream in the early 2010s.

The idea behind it was to become an ultra-saver as soon as possible, in order to have more flexibility later in life. Peter Adeney, aka blogger Mr. Money Mustache , became the poster child for the movement, which he later explained was less about retirement and more about having “complete freedom to be the best, most powerful, energetic, happiest and most generous version of You that you can possibly be.”

At the time, many oldster financial talking heads dismissed FIRE as a naïve attempt by millennials to stop working, but I was all aboard the movement that encouraged peo