New Delhi, Aug. 13 -- Imagine sipping your coffee in the morning at your dream house with your close ones by your side, and not having to worry about a job to go. This life resonates more with the older population who have retired from their jobs. But the F.I.R.E (Financial Independence, Retire Early) movement aims to achieve this lifestyle at a significantly younger age by saving and spending money consciously.

Here is everything you need to know about F.I.R.E and if it really works.

F.I.R.E stands for Financial Independence, Retire Early. This principle is all about achieving true financial freedom well before the usual retirement age.

People who follow the F.I.R.E rule aim to save and invest their income aggressively, which would al...