this post was submitted on 25 Jul 2023
22 points (95.8% liked)

FIRE (Financial Independence Retire Early)

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4 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

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What FIRE stage are you in? (sh.itjust.works)
submitted 1 year ago by [email protected] to c/[email protected]
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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] 7 points 1 year ago* (last edited 1 year ago)

Coast is working enough that you don't have to touch your investments (whether working full or part time, so you can be semi-retired)

Barista is working full or part time in something that doesn't pay enough to cover your day to day expenses, but it's ok because you have enough capital to draw on your investments without compromising your retirement goals