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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. Partner

    Why do advisors say not to pay off your mortgage? Mine is 7.3% and I’d like to get rid of it over the next few years and be debt free. I’ve been told liquidity is preferable and while I have retiremen...

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    32
  2. Director of Product Management

    Recently got about 15m. But my partner and I spend about 450k/year in a HCOL area. The reality of retirement if we want to build wealth, live well, and not draw it all down seems far off. It’s all a t...

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    9
  3. Manager

    I constantly feel poor and cash strapped despite being in a decent financial position. Can bowl members here comment on how you have managed these feelings? Am I crazy? I feel like I’m living paycheck...

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    11
  4. Principal (partner)
    First time poster

    Will have a long term capital gain in the 3.5 million range later this year. Currently live in a higher tax state and am considering buying a condo and moving to FL by the end of the month to avoid a ...

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    10
  5. Strategy Manager

    You have $1.5M invested, and you’re about to marry your SO who makes $700k a year (who’s happy to support you). You’re planning to move to a new city this year where you’ll have to job hunt again. You...

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    1
  6. Change Management Consultant

    I hit Coast FIRE but mine was lower at $300k. I’m also 29 YO, single, and will inherit family home (only child), in the meantime I live with my parents and don’t mind living with them. My career aspir...

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    2
  7. works at EY

    What are some COAST Or Barista FIRE jobs you all are looking into? Ideally one with benefits.

    2
  8. 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
  9. Senior Manager

    Seriously considering applying as a flight attendant for coastFIRE .. pay is crappy but decent and with good benefits and flight privileges which would save me a lot of money each month instead of pay...

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    1
  10. works at KPMG

    Hi all, what are some great HYSA you recommend? Trying to decide which one and feel like there’s a lot of options. Any advice is appreciated!

    1
  11. Consultant

    How much would I need to travel six months internationally (couple) if I retired at 60. Most models say $2-3 million to cover mortgage and health care but it seems like I’ll need much more

    1
  12. Director

    A friend has a vacation house and was telling me the merits of doing STR, claiming real estate professional, and doing a cost deg study for bonus depreciation etc. I am considering turning my primary ...

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    3
  13. Cyber Security Analyst
    First time poster

    What percentage of your portfolio do you put into specific stocks you believe in vs just VTI VXUS and the like? I've been historically so conservative and mostly done target dates

    1
  14. 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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    2
  15. works at EY

    I am 33 F living in nyc with $1.2m net worth (all cash, stocks, retirement). If I plan on retiring with no kids living half the year in nyc and the other half in Asia, would you say $3m is enough to b...

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    2
  16. works at GSK

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

    3
  17. SW
    Stevie Whambolt

    How safe is it to FIRE if you’re 50% above your target?

    1
  18. Engagement Manager

    Recently got my act together, started a major push to clear debt and invest, now trying to learn how to FIRE and assess if I’m on track (goal is to keep current income in retirement) Currently: - 3...

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    2
  19. works at GSK

    Let's try another fun poll! Out of your closest friends and family in the same generation, how many of them, in your estimation, have a saving rate and FI timeline qualitatively similar to yours?

    3
  20. works at KPMG

    Who wants to give me $540?

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    6