Time waits for no one. These wise words apply to all areas of life, from catching the bus to catching up on your 401(k). Perhaps no one knows this lesson more deeply than the person who didn’t start saving early for retirement.

“FIRE” is the nickname for the “Financial Independence, Retire Early” approach to personal finance. In practice, FIRE is a combination of financial planning strategies and lifestyle decisions that (hopefully) lead to financial independence years before reaching conventional retirement age.

The robo-advisor revolution is having a massive effect on how people handle their money – especially for Millennials and “the digital native” generation who grew up with smartphones in their hands. Artificial intelligence and robo-advisor technology have helped democratize investment advice and management.