looper1010

Solutions Specialist

Anyone into FIRE here?

A lot of people in sales are in it for the cash money. Wondering if anyone here is into FIRE (Financial Independence / Retire Early) as well?

If so, what's your FIRE number and age? I'd like to get to $2M before 50 at 3.5-4% SWR. Move from NYC to a LCOL area with less taxes. I save a little over 50% of my pay every month. Any idea what you'd like to do during retirement?

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🏄 Personal Life

💸 Investing

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Chep

WR Officer

Bitcoin Adoption Specialist

I am in it for Fire, but I like to think crypto will help me with that

looper1010

Celebrated Contributor

Solutions Specialist

Fortune favors the bold XD

CuriousFox

WR Officer

🦊

So optimistic. I like it.

sales7

Politicker

Commercial Product Enablement

For anyone not into it yet, watch the docco "Playing with FIRE" you will be afterwards..

looper1010

Celebrated Contributor

Solutions Specialist

YASSS!

Clashingsoulsspell

Politicker

ISR

I need to do more for my future.

softwaresails

Politicker

Sales Manager

I have never heard of the acronym FIRE. I’ll google it now.

Any recommendations on good sources of information on this?

sales7

Politicker

Commercial Product Enablement

https://www.playingwithfire.co/the-documentary

looper1010

Celebrated Contributor

Solutions Specialist

Love this documentary! It's a good intro to FIRE

looper1010

Celebrated Contributor

Solutions Specialist

Mr. Money Moustache and the Mad FIentist are a good start. It's a millenial money saving movement to retire early or reach financial indendence (aka fuck you money).

Blackwargreymon

Politicker

MDR

Any recommendations on good sources of information on this?

MaximumRaizer

Politicker

Sales Manager

I need to do more for my future. Riding 401k and money in savings is not a winning strategy

Coffeesforclosers

Notable Contributor

Director Sales and Market Development

I need to do more for my future. Riding 401k and money in savings is not a winning strategy

roftheyear

Opinionated

Account Executive

me but my goals are not as lofty as yours. partly because im in a lower cost area already

Ryscott0317

Politicker

Cloud Specialist

I used to read a lot about it but just got depressed because every story started off with “I make $125K a year and have over 1 mil saved for far”.

So I’m just doing what I can to pay down debts (just have my condo now) and stack the investments at a rate that works for me.

looper1010

Celebrated Contributor

Solutions Specialist

Those get all the attention but it's all about your save and burn rate. There are lots of FIRE folks in different non-tech lifestyles.

countingmyinterest

Politicker

Account Executive

Yeah, no real set number as I want to be FI. Probably thinking baseline is $10m by 40. Very doable.

Im' from a VHCOL place like NYC and would never move to a LCOL city. There's a reason why people move to nice cities like SF, LA, NYC - more activities.

I'm doing it by investing in crypto and real estate mostly.

MR.StretchISR

Politicker

ISR

have never heard of the acronym FIRE. I’ll google it now.

Mr.Floaty

Politicker

BDR

100% I do. I think every sales person has multiple voices they use.

Cyberjarre

Politicker

BDR

Def use my sales voice when making calls

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looper1010

Anyone into FIRE here?

20 comments

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