this post was submitted on 30 Oct 2023
-5 points (30.8% liked)

FIRE (Financial Independence Retire Early)

1180 readers
1 users here now

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:

/c/[email protected]

/c/[email protected]

/c/[email protected]

/c/[email protected]


founded 2 years ago
MODERATORS
top 3 comments
sorted by: hot top controversial new old
[–] [email protected] 8 points 1 year ago (1 children)

I typically disregard financial samurai as click bait at best, is there something in this article you find valuable or worthy of discussion?

[–] Sniffy 4 points 1 year ago

Oh ok, I did not know that reputation of the site. I thought it was interesting that they mostly recommend Treasury bonds as cash reserve and I see a lot of discussion regarding that, due to inflation lately.

[–] sugar_in_your_tea 2 points 1 year ago

Here's how I'd do it:

  • 70% - US stocks
  • 30% - international stocks

It's also the same thing I have automated, and it's what I'd do if I got $1M. It's my long term plan, and I'm only changing it when I start to ramp up bonds for my bond tent, or ramp down bonds after retiring. That's it, no market guesses needed.