Beginners Guide to F.I.R.E.

The standard script is: Work until you are 65, then hope you have enough to play golf. The FIRE movement flips this script, aiming for retirement in your 30s or 40s.

The Secret: Aggressive Savings Rate

Standard financial advisors recommend saving 15% of your income. FIRE practitioners often save 50%, 60%, or even 70% of their take-home pay by driving cheap cars, house-hacking, and optimizing absolute efficiency.

The Types of FIRE

1. Fat FIRE: Building a massive portfolio ($3m+) so you can retire into luxury.
2. Lean FIRE: Living an ultra-minimalist lifestyle so you only need $500k to permanently retire.
3. Coast FIRE: Hitting a milestone (like $300k at age 30), quitting your high-stress career, and working as a barista just to pay for groceries while the $300k compounds for 30 years into $3-million.

• Calculate your exact date of retirement
• When will you hit $1M?
• Model a $1 Million nest egg