• Cosmic Cleric
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    111 months ago

    who’s aiming for FIRE,

    Don’t understand, could you elaborate? FIRE?

    • @[email protected]
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      fedilink
      311 months ago

      “Financial Independence; Retire Early.” See also: https://en.wikipedia.org/wiki/FIRE_movement

      TL;DR: I keep my household expenses very low (roughly $30k/year) and save a very high percentage of my income so that I can retire very early. The pandemic changed my plans a bit, but I’m expecting to be done by age 45. (By the way, to address a common criticism of the idea: "retire"means doing whatever I want without being beholden to working for a wage, not necessarily vegging out in front of the TV and stagnating as certain workaholics assume. The important distinction is that I could choose to work if I wanted, but wouldn’t need to.)