First year after FIRE, a life update and some reflection.

This sub is for those who fall between r/FIRE and r/FatFIRE. We are focused on the financial side of early retirement at an asset level that allows an upper middle class lifestyle. That level will vary by location, household size and other variables, but a general guideline is $2.5M - $6M in your retirement portfolio. If you plan to retire with a leaner lifestyle in spite of a Chubby portfolio, r/FIRE might be a better fit.

First year after FIRE, a life update and some reflection.

This is a place for people who are or want to become Financially Independent (FI), which means not having to work for money. Financial Independence is closely related to the concept of Early Retirement/Retiring Early (RE) - quitting your job/career and pursuing other activities with your time. At its core, FI/RE is about maximizing your savings rate (through less spending and/or higher income) to achieve FI and have the freedom to RE as fast as possible.

First year after FIRE, a life update and some reflection.

FI/RE (Financial Independence / Retiring Early) is a money strategy that's sweeping the nation. It's not easy, but it is simple: earn more, spend less, and use the difference wisely. Build a baseline of financial security with the difference first, then use it to invest for your future. That way you can begin to earn financial freedom and control your own destiny.