this post was submitted on 10 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


Related Communities:

/c/PersonalFinance@lemmy.ml

/c/PersonalFinance@lemmy.world

/c/PersonalFinanceCanada@lemmy.ca

/c/AusFinance@aussie.zone


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submitted 1 year ago* (last edited 1 year ago) by G59@lemmy.ml to c/fire@lemmy.ml
 

Hi all, I wanted to create this community for those interested in the FIRE movement to share their experiences.

A few years ago, I started tracking my net worth and increasing my savings to hopefully even have a chance to retire, and now want to push further to achieving financial independence and MAYBE HOPEFULLY retire a few years earlier as well.

Anyone else in a similar situation? How has the journey been for you so far?

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[–] nomadix@lemmy.ml 1 points 1 year ago

Thanks for setting this up! I was planning to create a lemmy FIRE community if one didn't exist.

As I've succumbed to lifestyle creep over the past decade, I've been about 10 from being FI for roughly the last 10 year. I go back and forth between wanting to RE and simply seeking FI. I recently started a new role that has me shifting toward RE, but am not sure I ever want to completely stop working. A sabbatical might be in the cards in a year or two though.

Anyway, glad to have discovered this community!