this post was submitted on 05 Feb 2024
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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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[–] Fleamo@lemmy.world 5 points 7 months ago (2 children)

I only look at my 401k once per year at the end of February to calculate my full net worth and make sure things are going to plan. It's all in index funds so I know it should be good but no idea the specifics.

Getting real antsy right now though.

[–] OpticalMoose@discuss.tchncs.de 3 points 7 months ago

With index funds you should be ok. Only thing I'd say is make sure they're the right funds for you(and your risk tolerance).

[–] FancyPantsFIRE@lemm.ee 3 points 7 months ago (1 children)

Are you antsy because you want to do your annual review or because you’re worried about your investments?

[–] Fleamo@lemmy.world 3 points 7 months ago* (last edited 7 months ago) (1 children)

Just want to know. It has been almost 12 months and I've been contributing to it and I think it'll be up from the market too. Purposefully not paying enough attention to even really estimate.

Not going to change anything I do. I guess it was phrased a little oddly.

[–] yenahmik@lemmy.world 3 points 7 months ago

Assuming you're mostly in a broad US market fund, the numbers should look pretty nice from a year ago.