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fat FIRE Articles

Under normal circumstances, it’s safe to say that an inheritance can be a welcome gift that alleviates a significant portion of a person’s financial burden. On the other hand, a sudden...
$1 million isn’t what it used to be. It’s all you needed 100 years ago to have a luxurious lifestyle, but inflation has reduced the purchasing power of every dollar. Now, $1 million isn’t...
It takes many years to save up enough money for retirement, and one person finds himself closing in on the finish line. He’s a 54-year-old husband with a wife and two teenagers. He’s accumulated...
Many people are rushing to retire earlier if their finances are in sufficient condition. That’s part of the FIRE movement, and multiple subreddits explore the growing trend. The Chubby FIRE...
The pursuit of $10 million for early retirement is a popular goal in the Fat FIRE community. It is often viewed as a benchmark for true financial independence as it can provide a significant level of...
Buying stocks is one of the best ways to build long-term wealth. You don’t have to manage the asset like you would with real estate, and it can appreciate significantly in the long run. One...
Growing your salary over time is one of the best ways to ensure financial independence in your older years. However, high earnings aren’t enough, and you still need to deploy the money correctly to...
Having long-term financial goals can help you sharpen your financial discipline, especially if success is tied to major benefits like significant lifestyle flexibility. A 39-year-old husband wants to...
Saving a lot of money gives you more options, and it can help you retire sooner. One Redditor finds himself in that situation and is wondering if he can step away from a $1 million tech job. He and...
Sitting on a pile of cash doesn’t guarantee peace, and one Redditor recently shared their story. The original poster is in his mid-30s and has a $5 million net worth. He also earns a $3 million...
The 4% withdrawal rule is a common practice among retirees. The idea is that you withdraw 4% of your portfolio each year and live on the withdrawal. However, the 4% rule also assumes that prices stay...
A common debate in the finance world is whether a financial advisor is worth the investment or not. This debate came up again in the Fat FIRE Reddit community. A 44-year-old who has a $10 million net...
A couple in their mid-50s is planning for retirement and wants to know the best approach for selling stocks. They have a $5.2 million net worth and also receive $65,000 per year through a pension....
Is a financial advisor worth it? Many people find themselves asking this question, including a Redditor who spends $360,000 per year. This Redditor recently posted in the Fat FIRE community about...
It’s never too late to start planning for your retirement. A Redditor recently posted in the FIRE Reddit community that his father recently set up a retirement account. The father earns $23/hr...