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FIRE Financial Independence Retire Early

The FIRE bowl is a community that shares learnings in pursuit of achieving Financial Independence and Retiring Early.

84.8K members
  1. works at Protiviti

    So... I reached my FIRE number that, according to calculators, has a 99% probability of success with a 2.7% withdrawal rate. I still can't get myself to retire because of the sequence of returns risk ...

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    4
  2. works at PwC

    I just had my first child and we are preparing childcare. a nanny (or nanny share) is more aligned with our concerns for her well being in this first year. The problem is that we’d have to stop 401k c...

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    6
  3. Senior Associate

    My parents (65 and 59) are immigrants and I fully support them financially and do all their financials. Is it possible for me to open up IRA for them and invest my savings into their account to additi...

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    2
  4. Senior Manager

    I got to FIRE faster than my husband. I want to stop working but kinda feel bad he still has to. AITA? I would still contribute to half of the household expenses and obviously all my personal spending...

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    3
  5. Associate

    Can anyone share their journey from 1M to 2M nw? It feels like we have been stuck on this journey a while. Granted our journey from 0-1M was before children. With children, savings are definitely slow...

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    2
  6. Manager

    Is anyone planning to FIRE in NYC? What's your number? I'd love to stay in the city as someone who doesn't want kids but it feels daunting...

    5
  7. Associate

    How often do yall calculate your TNW and why? I only have a vague idea about it (somewhere between 2.5 and 3m, I think) but I dont really focus on it and its not something I track closely.

    1
  8. AVP

    Over the last 10 years, our NW grew from approximately $300K to $3M; my original FIRE target. Of course, inflation has changed the equation and my adjusted FIRE number is now $5M, which I expect to re...

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    3
  9. Senior Manager

    Ideally, how would you prefer to FIRE? Lean - quickest but minimal annual spend in retirement Coast/Barista - save aggressively early then able to stop saving and work a less stressful job, PT, or ...

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    2
  10. Consultant

    What would your FIRE number be with an annual expense of 250k and a 35 year retirement horizon. Investable / liquid number only - not including primary residence. Thank you!

    3
  11. Consultant

    I was surprised to see that some (or maybe even a majority) of you are at 100% equities. Why? Is this what advisors are advising nowadays? What's the breakdown of your allocations? (i.e. large / small...

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    4
  12. Cyber Security Analyst

    I have a couple kids that I'm trying to teach about investing. They both chose to put different amounts of money in their Robinhood accounts to invest. I put it in VTI for them. They are now down beca...

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    3
  13. Youth Engagement worker
    First time poster

    What would be everyone's advice on where to invest for a beginner looking to save for an early retirement?

    2
  14. Senior Manager

    41 yo and $750k in 401k. Still contributing 5% because of employer match but at this point wondering if it’s even worth it anymore to keep contributing and instead use the extra cash for investing int...

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    3
  15. Engagement Manager

    I just ran calculators and discovered I can basically CoastFIRE today and safely retire at 50 with a 3.25% withdrawal rate. If I keep working and saving, I could retire at 40. The withdrawals also ass...

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    11
  16. Account Executive

    Retire EOY at 57. Spend $12K/mo, extra $50K/yr first 15 yrs. No legacy planning. Sell $2M house for assisted living. No windfall just saving with a frugal lifestyle & no kids. $2.5M pre tax Spend ...

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    2
  17. works at GSK

    Let's try another fun poll! Where are you planning to live in retirement?

    3
  18. Associate

    CoastFire for lawyers - I am an SEC/M&A attorney at a public company and am pretty close to hitting my CoastFire number (hopefully in the next 5ish years). I'm curious what attorneys have done to Coas...

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    3
  19. Creative Director

    What’s the best app for doing tax planning and roth conversions in retirement and mapping out spending etc? Not sure if this exists but I’d love an app where I can input all my financials and it gives...

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    2
  20. Manager

    Looking for some help: I had a great conversation with a stranger who gave some great advice for a crypto ‘vehicle’ to invest in and I can’t remember what it is called now. She said that it has all th...

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    2