this post was submitted on 20 Oct 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


founded 1 year ago
MODERATORS
 
Age 2022 Net Worth (Median) USD$
Less than 35 $39,040
35-44 $135,300
45-54 $246,700
55-64 $364,267
65-74 $410,000
75 or older $334,700

Source:

https://www.federalreserve.gov/econres/scf/dataviz/scf/chart/

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[โ€“] xyzzy@lemm.ee 6 points 1 year ago (1 children)

Assets in a mix of cash and bonds and no need to sell their house? Just a guess.

[โ€“] exploding_whale@lemmy.ml 5 points 1 year ago

Pensions and paid off houses would be factors I would guess.