FIRE Financial Independence Retire Early

(1/2) 34YO with ~$350k NW. Dad passed away before he could retire leaving me with $1.5M in inheritance. I don’t plan to touch the principal cause I earn more than I need with my FT job but wondering i… more

If you received $1m and had 580k left on your mortgage at 3.2% interest rate would you pay off the balance or invest and hope to earn more than interest payments and continue to pay off monthly?

Current situation below, hoping to FIRE by 53 (currently 36) - what should my target yearly savings be?

Yearly Income: 250k + highly variable bonus (30k - 150k avg)

401k: $410k
Emergency Fund: $130k
Individual Accounts: $3… more

I’ve been lurking here for some time and decided to post. Turned 45 last week and it kinda suddenly hit me. Married, two kids. Own a $1M house (with 20y mortgage). I have about $100k in savings and an… more

I am 29, single, 2.5 years until coast fire, but I am so burnt out and hate my career in internal audit. I've been exploring other career paths but the ones I'm interested in make significantl… more

What would you do? Looking at a new house for 650k with a 250k downpayment. Could pay the house off in 10 years roughly $5000 a month mortgage but would need to reduce retirement savings from 65k a ye… more

I hate corporate so much - would you exit now with these numbers and if so, any coast fire ideas? In comments…

If I reach my FIRE goal but am not ready to retire yet, how do I secure my ability to retire whenever I choose to in the near future? For example, if my goal for FIRE is $5M invested and I hit that, a… more

If I know I’ll need a good chunk of money in 2-3 years (down payment, wedding etc), should I put more cash into my high interest savings account, or continue investing in ETFs?

I am not sure if this is the right place to ask but has anyone used Wise to transfer money internationally? I am planning on retiring abroad but not sure how to get my cash from my US bank account.

If you have 100$ and want to invest with 5 yr horizon then which 3-5 ETF or MF you will buy and what will be your allocation for each one of them. Looking for balanced combo of high growth local and i… more

What’s everyone’s favorite finance app currently?

Do yall have any weird investments? Considering investing 500k into a racetrack resort

Other than fidelity money market fund and T bills are there any other funds where I can park my cash for 4-6 months. Funds with low expense ratio and where tax burden is lesser than fidelity mmf.

I hate corporate so much and dream of quitting daily, but I’m not quite at my FIRE number. I’ve been researching remote $120k+ jobs and there are a ton of executive assistant roles meeting the criteri… more

Hi. I want to start planning for FIRE but don't know where to start. What are the calculations I need to consider or what are the steps to begin with? Thank you in advance for all your advice!

Not FIRE per se but this bowl seems to also share the same intentionality with other life priorities. Have any of you done any sort of values or mission statements that guide you/your family in life … more

First gen immigrant to US. Early 50s. Kids in college, saved enough to pay for them. LCOL. Have mortgage, but no other debt. Had a FIRE goal of $3M, have comfortably blown past it. Why do I now sudden… more

For those with adult kids, how much do you spend on them now, and what is typical for upper middle class families? I know this is highly variable, but I’m trying to get a sense of it for retirement bu… more

Spouse and I are planning for 3rd kid and want to take extended time off after. Where to store a few hundred k for the next year or 2 until we need to start dipping into it?

Exploring life insurance options. Ruled out whole, but was pitched 30 yr term return of premium vs. 30 yr term. If I'm still alive, ROP returns premium at the end of term (with no interest or inflation adjustment) but is also 4-5x m… more

Looking to park down payment amount for home in CD or safe boring account for next 6 months as we scan for home. Which are good options available now. T bills. CD. Or short term bonds. Some banks are… more

$1.2M in brokerage right now and my FIRE goal is $4M in brokerage to stop working. I know I’m at least 5 years away from that goal but still finding it so hard to stay motivated at work

I started with a FIRE target of $2M in 2020; it felt distant at the time.
When I hit $1M, I moved the goalpost to $3M.
After crossing $2M in 2024, I raised it again to $5M.

Am I just replacing the corpor… more

What have been some premium/high-dollar purchases you’ve made that you feel were worth it? Curious to hear perspectives from others pursuing FIRE.

Question for non-residents/immigrants: anyone who moved back recently to their home country? How much did you save up to make a successful transition? For context, I am from India, married, have a tod… more

I finally hit my first $1M saved but don’t really have anyone I’m comfortable sharing with or who care (my parents responded “oh okay” when I told them), so I’m posting here

First time on chopping block in my company which shocked my wife. She works, but now feeling the pressure that in case i loose my job, she will be the sole earner. She has never checked finances and t… more

Philosophy on funding 529s / paying for kids college in general?

How do people spend their time after reaching their FIRE milestone, but way before retirement age? i’m in my early 50s, an empty nester with kids at uni. I dipped my toes into an early-retirement scenario by taki… more

Why do people think that raising min wage to 25 per hour will help! This will make everything more expensive if someone can not afford it now, someone still can't afford it when he or she makes… more

How many FIRE people here have Bitcoin? Curious if it’s been an engine of meaningful growth for any of you, or a small part of your portfolios.

Should I get a job doesn't not pay much but something I am passionate about after I reach my coast FIRE.

My salary is $180,000 (and ~15,000 bonus). I max out my tax deferred 401k every year. Can I contribute to either a Roth or roth(401k) after already maxing out the tax deferred account? 35 years old.