FIRE (Financial Independence Retire Early)

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FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.

Flow Charts:

Personal Income Spending Flow Chart (US)

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Bogleheads Wiki

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/c/PersonalFinance@lemmy.ml

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submitted 1 year ago* (last edited 1 year ago) by UBWare@lemmy.world to c/fire@lemmy.ml

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Would be cool to hear from those who have and how you got started. Were there any pitfalls or things you would have done differently?

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[–] CoralMask146@lemmy.world 5 points 1 year ago

Not FIREd yet and also not an active real estate investor, but I currently rent one property that I use to live in

My plan is that everytime I move out of a house, I rent it out

Not gonna rake in a bunch of money or anything, but over the long term, I'd hope it shorterns my FIRE timeline