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)
Personal Income Spending Flow Chart (Australia)
Personal Finance Flow Chart (Ireland)
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Mr. Money Moustache - a frugal lifestyle blog
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Wow, those are disappointing medians. If you just max your IRA (no 401k, no match), stay out of debt, and don't sell, you should beat most of those medians by 45 or so if you start at 25, assuming 6% real returns.