With the recent market rally, my portfolio has finally reached the point where a 4% withdrawal rate would pay more than my first job after I graduated university. I could theoretically leanfire on that amount, though I'm planning a higher number due to lifestyle inflation since then.
FIRE (Financial Independence Retire Early)
Welcome!
FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.
Flow Charts:
Personal Income Spending Flow Chart (US)
Personal Income Spending Flow Chart (Canada)
Personal Income Spending Flow Chart (Australia)
Personal Finance Flow Chart (Ireland)
Useful Links:
Mr. Money Moustache - a frugal lifestyle blog
Related Communities:
/c/PersonalFinance@lemmy.world
/c/PersonalFinanceCanada@lemmy.ca
Good work! That's worth celebrating!
Any plans to change up work? Or just keep going until you hit your number?
We shall see. My company is pending mass layoffs so I may not have a choice in the matter. As of now, I hope to just keep going as my company provides a decent work life balance (lots of PTO compared to basically every job posting I see)