What’s your lean fire target?
What’s the number you want to hit where you’re like, okay that’s it wrap it up - you leave work and live your life in unhindered bliss
What’s the number you want to hit where you’re like, okay that’s it wrap it up - you leave work and live your life in unhindered bliss
Say you got to 500k - surely at this point the growth will totally dwarf any £500 extra you could save a month?
Is it less than this?
You have been working non stop for over a decade, you want to take a year out to decompress, you rent and your total outgoings is about £1.5k a month. Would you do it?
(No kids or dependants)
Are they legit? I got them for like £40 each 8/9 years ago
Appreciate a lot of people here are trying to achieve fire with a salary of 100k mid 20s
But I would love to hear more about people on lower salaries. I saw a post once before by someone on a lower salary achieving it and I found it really inspiring and interesting how they made it work (in contrast to the more cookie cutter massive salary and sacrificing into my pension story)
Is anyone going for fire in a salary 20-40k?
You’re renting. You don’t have a house. The full £750,000 is not in a pension and is accessible.
If the market grew 10% a year, that’s £75k a year? Providing you lived on 40k a year that’s 35k a year in savings. It would pay off a house in ten years?
If you don’t want to buy a huge house or have kids, is there anymore to this?