fat FIRE
fat FIRE Articles
A Redditor has worked hard to amass an $8.5 million fortune at 40 years old. He also has a $4 million property with a $500,000 mortgage and a rental property as well. He is feeling burned out at work...
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A Redditor’s post in the Chubby FIRE subreddit has gained a lot of attention since it has a deep message about building wealth. The Redditor explains that they have $900,000 in the bank and earn...
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A couple has amassed $18 million after selling a business and are in their late 30s. They have been seeing a lot of the world and traveled 40 days over the past year. The couple has been to places...
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While most people retire in their 60s or 70s, Fat FIRE advocates aim to retire sooner without living on a shoestring budget. A Redditor finds himself in a good position with a trust fund that should...
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A couple is thinking about retiring early after accumulating more than $5 million in their investment accounts. That doesn’t include the couple’s $900,000 in extra funds and $2 million in home...
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No matter how much wealth people accumulate, they always look for ways to optimize their finances. A couple in their 40s is no exception to the rule, based on a recent Reddit post in the Chubby...
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Many people warn about lifestyle creep, and rightfully so. If your expenses grow faster than your income, it’s difficult to save up for your future. However, some people take it a bit too far and...
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Some people think about walking away from work long before they reach the traditional retirement age. This option is usually reserved for people who have accumulated vast fortunes during their...
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A high net worth means fewer financial obstacles, but it also means you have to ask different questions and deal with new challenges. When people have low net worths, it’s good to focus on career...
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A Redditor in the fatFIRE community recently achieved their fatFIRE number of $10 million. Now, the Redditor is looking to switch from saving to spending while preserving wealth. A recent post in...
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Does it ever make sense to stop contributing to your retirement account? A Redditor posed the question in the Chubby FIRE subreddit. He and his wife have a $3.1 million portfolio and real estate...
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This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. 24/7 Wall St. : If you crossed the first threshold of...
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Moving funds from one retirement plan to another can offer different tax advantages and protections. For instance, it’s popular for people to move funds from a traditional IRA to a Roth IRA to...
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Many parents want to build a nest egg that they can pass on to their children. While many children end up working when they become adults, that isn’t feasible for everyone. A Redditor recently...
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Rich people are weird. They want to have as much money as possible, at any cost, but not look like they’re too rich because they know it’s socially, culturally, and morally unacceptable to pursue...
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