this post was submitted on 17 Jul 2023
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FIRE (Financial Independence Retire Early)

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Welcome!

FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.


Flow Charts:

Personal Income Spending Flow Chart (US)

Personal Income Spending Flow Chart (Canada)

Finance Flow Chart (UK)

Personal Income Spending Flow Chart (Australia)

Personal Finance Flow Chart (Ireland)


Useful Links:

Bogleheads Wiki

Mr. Money Moustache - a frugal lifestyle blog

The Earth Awaits


Related Communities:

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[–] [email protected] 5 points 1 year ago (1 children)

I'd like to be able to maintain my current lifestyle, which is probably somewhere in the middle of the spectrum (or maybe a bit lower). I don't want to work long enough to reach fat fire and I'm not interested in cutting back from where I am now. I do want to move internationally, but going from MCOL USA to (probably) Italy wouldn't really change my lifestyle much (in terms of expenses).

[–] [email protected] 4 points 1 year ago (1 children)

Do you have EU citizenship already and speak the language?

[–] [email protected] 5 points 1 year ago (1 children)

No to both at the moment. I'm helping my wife and kids get their Italian citizenship by descent. That will take a few years, but after that we should be able to move there whenever we are ready. I would like to get citizenship by marriage as well once my wife has her citizenship worked out.

I have started learning the language, but there are no classes available locally, so I have to do it all self-paced with digital courses, which is challenging. I'd like to become fluent by the time we are ready to go, but even if I can get some basic skills, I can work on immersion learning once we are there. Our current plan is to avoid putting ourselves in an expat community where we can get away with never learning the language properly.

[–] [email protected] 3 points 1 year ago

Going a little off-topic here, but do you mind if I ask which resources you're using to learn? I'm in a very similar boat, so far I've been using the Language Transfer and Michel Thomas courses, but I'm always on the lookout for more.