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Do you plan to FIRE?

I feel like I’m saving forwards a FIRE goal especially as double income no kids, but it feels like a waste to not work. Feels like there’s so many cool companies or start ups, but the work grind is always a concern. What’s your FIRE number and do you plan on retiring once you hit that? #personalfinance #investments

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Prudential bigherc Sep 23, 2020

What’s FIRE

Prudential bigherc Sep 23, 2020

Excuse my ignorance, new here

Facebook pfjskhz Sep 23, 2020

You should google it lots of stuff, means financial independence retire early

Amazon yb37k Sep 23, 2020

I’ve Seriously considered this, but the costs of healthcare (in the US) could be absolutely crippling as we / our generation ages. So make sure your personal financial models account for this. Be careful.

Amazon g6jd5 Sep 23, 2020

I live in Spain, I'm still not sure what's my number but probably not more than 0.5M. These numbers seem insane to me.

Amazon he’d get Sep 24, 2020

What’s the monthly budget for a family of 2 in Spain

Amazon g6jd5 Sep 24, 2020

My monthly budget is <1500€ for one person, I would guess one more person would increase rent by 100 for a slightly bigger place (though two people could live here) and 200 for food and other necessities. Also, more than half of that is rent which is higher than it could be since I chose to live close to the office. After retirement I would own something a bit further from the center, so costs would go down a bit.

Google Gogle36 Sep 23, 2020

So much FIRE obsession on blind!

Alibaba Group veryjaded Sep 24, 2020

FIRE related posts on blind make me want to throw up.

Amazon he’d get Sep 24, 2020

Why ?

Alibaba Group veryjaded Sep 24, 2020

Because 1) this has been asked 10000 times 2) every time people post the number in millions 3) other people comment saying how ridiculous the number is 4) OGs from California chime in with how 3 million is peanuts for California 5) a cost of living debate carries on 6) three days later there’s another poll...