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

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u/Spiritual_Finance554 — 4 days ago
▲ 0 r/FIREUK

At what point do you have to stop contributing?

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?

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u/Spiritual_Finance554 — 4 days ago
▲ 94 r/FIREUK

If you had £550,000 in an ISA: GIA at 31, would you take a year off work?

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)

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u/Spiritual_Finance554 — 17 days ago
▲ 104 r/FIREUK

Anyone on track for fire with a lower salary?

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?

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u/Spiritual_Finance554 — 2 months ago
▲ 153 r/FIREUK

Would you retire at 35 with £750,000 in your name

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?

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u/Spiritual_Finance554 — 2 months ago