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re: What amount do you save per month?

Posted on 3/2/24 at 8:20 am to
Posted by Drizzt
Cimmeria
Member since Aug 2013
12943 posts
Posted on 3/2/24 at 8:20 am to
Didn’t know you were a FIRE guy. What age are you targeting? You planning lean or coast FIRE?
Posted by lynxcat
Member since Jan 2008
24188 posts
Posted on 3/2/24 at 3:02 pm to
I’m interested in financial independence but I don’t have a specific number or age in mind. If we continue on current path, then early 40s should be feasible for financial independence. We’ve been fortunate to expand our incomes so our savings rate is really driven through top line versus us needing to be cost conscious. I keep track of cash flow closely but we do not budget strictly nor do we reign in expenses. At the same time, we live a simple life relative to what we could afford.

I don’t have an interest in retiring early per se but I have tremendous interest in financial independence. If I needed to classify ourselves in the FIRE movement, we would be somewhere between Coast FIRE and Fat FIRE.
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