Early retirement: Man explains how he is on track to retire age 42 | Personal Finance | Finance

Since joining the FIRE movement at the age of 23, Mr Lecki has been able to vastly improve his financial situation, saying that saving anything around £200 of his monthly income was “a cause for celebration” before his mindset shift. 

A mere four months later Mr Leckie was saving 48 percent of his income, roughly £1,400 and calculated himself to be a minuscule 15 year away from retirement.

“How did this happen? I discovered the FIRE movement.  As soon as I heard about FIRE the penny dropped – the idea that I could become financially independent at 40-55 and, if I wanted to, retire 10-25 years earlier than the national retirement age blew my mind; 10-25 years of not working,  10-25 years of living a fulfilled life on my terms with the complete flexibility to choose how I spent my time every single day,” he explained. 

Initially, Mr Leckie thought it did sound too good to be true but after discovering a wealth of case studies and people who had achieved everything he wanted, he began taking his finances seriously.