14 hours ago

What Is FIRE? 6 Ways to Reach Financial Independence and How to Find Your Retirement Number

If someone asked your retirement number right now, could you answer? Most people can't. It's usually "someday, hopefully early, with a lot of money."

This week, Maddie and Meghan break down FIRE (Financial Independence, Retire Early): what it actually means, the six versions people use to get there, and how to calculate the number that makes it real for you. And no, you don't have to eat ramen for a decade to do it.

In this episode:

  • What FIRE really means, plus the 25x and 4% rules in plain English
  • The simple formula for finding your retirement number
  • Six versions of FIRE: Lean, Original, Fat, Coast, Barista, and FINE
  • Why Coast FIRE might be closer than you think
  • What the FIRE videos skip: health insurance, early access to your money, and purpose

Resources:

Budget Blueprint Builder β€” Our one-hour workshop with an Excel and Google Sheets template built for exactly this kind of mid-year reset. $47. Linked Here!

🎯 5-Day Expense Reset β€” Free. For when today's episode made you want to finally just look at the full picture.

πŸ“˜ The Confident Investor Blueprint

Read the full Show Notes Here!

Thanks to our sponsor:

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