this post was submitted on 30 Jun 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)

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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/c/PersonalFinance@lemmy.world

/c/PersonalFinanceCanada@lemmy.ca

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5

Do you invest in International funds? (sh.itjust.works)

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

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Many people around me are saying US based index funds is enough coverage to FIRE but I want to know if it's worth diversifying even more, maybe 10-20%?

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[–] FreeLunch@feddit.de 3 points 1 year ago

The issue is that the fees on these usually eat any advantage they provide. As they are marketed to a more uninformed crowd the emitters will not forward the advantages to the investors.