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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Bogleheads Wiki

Mr. Money Moustache - a frugal lifestyle blog

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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 πŸ₯²

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[–] AquaTofana 1 points 1 year ago (1 children)

Little late to the party, but we're neither FI nor RE. We're solidly in the boring middle part, but it's getting actually exciting watching our investments grow! Financial news is starting to seem worthwhile, and if we liquidate all our investments we could pay off all debts (only mortgage and some 0% home improvement loans).

It's fucking nice to feel this secure, and I wish it was more accessible for everyone.

[–] [email protected] 2 points 1 year ago

nice, it must feel so great to be (almost) debt free! I hope to reach that level soon πŸ‘it's a funny feeling when financial news goes from boring as a young adult to suddenly engaging haha.