this post was submitted on 25 Jul 2023

25 points (96.3% liked)

FIRE (Financial Independence Retire Early)

1131 readers

2 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/PersonalFinance@lemmy.ml

/c/PersonalFinance@lemmy.world

/c/PersonalFinanceCanada@lemmy.ca

/c/AusFinance@aussie.zone

founded 1 year ago

MODERATORS

yenahmik@lemmy.world

sevan@lemmy.world

bloodsangre7@lemmy.world

sugar_in_your_tea@sh.itjust.works

andocas@lemmy.world

25

What FIRE stage are you in? (sh.itjust.works)

submitted 1 year ago by Sniffy@sh.itjust.works to c/fire@lemmy.ml

21 comments fedilink hide all child comments

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 🥲

you are viewing a single comment's thread
view the rest of the comments

[–] incogtino@lemmy.zip 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