this post was submitted on 25 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)

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Personal Income Spending Flow Chart (Australia)

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Useful Links:

Bogleheads Wiki

Mr. Money Moustache - a frugal lifestyle blog

The Earth Awaits


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Hi all, I see lots of subscribers in this community. What stage of FIRE are you guys in? curious about the demographic in here.

  • Neither FI nor RE
  • FI but not RE
  • FIRE'd
  • ?

I am in the first category, working towards FI for seven years now and recently reached 100K NW. Unfortunately I live in very HCOL area so I still have long ways to go 🥲

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[–] [email protected] 5 points 1 year ago

I am neither FI nor RE - with about 3 years of expenses saved up at the moment.

Despite not having enough to be FI, I really like having such a decent chunk of savings available in case things go wrong, and it's nice to fantasise about quitting my job and having a few years off when things get tough at work!

My calculations currently say retirement is 17 years away, however, my lifestyle is inflating in front of my eyes, so it could well be much longer :)