this post was submitted on 20 Oct 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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founded 1 year ago
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Age 2022 Net Worth (Median) USD$
Less than 35 $39,040
35-44 $135,300
45-54 $246,700
55-64 $364,267
65-74 $410,000
75 or older $334,700

Source:

https://www.federalreserve.gov/econres/scf/dataviz/scf/chart/

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[โ€“] [email protected] 4 points 1 year ago (1 children)

This is basically a plot of home ownership rates by age right?

[โ€“] AlDente 3 points 1 year ago

I don't believe so. Home ownership rate would be hard to deduce from net worth because the majority of homes aren't paid off at a younger age. Therefore, whether you have a home or not would be a net wash. However, there are also plots for primary residence value and mortgage debt in the link along with many other interesting data sets.