this post was submitted on 25 Mar 2024
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FIRE (Financial Independence Retire Early)
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FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.
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I feel that. We're not quite at our number yet, but we are nearly at our first FIRE goal, before we moved the goal post. Now I'm thinking of moving it again... How much are you planning on saving for kids college?
The rough plan is to pay four years of a good in state university plus some buffer. That works out to something like 100-140k in today’s dollars/tuition depending on housing and school. My goal is to front load their 529s so a) it’s got 10+ years to grow and b) I can worry less about it for the RE budget.