Hi all, I see lots of subscribers in this community. What stage of FIRE are you guys in? curious about the demographic in here.
- Neither FI nor RE
- FI but not RE
- FIRE’d
- ?
I am in the first category, working towards FI for seven years now and recently reached 100K NW. Unfortunately I live in very HCOL area so I still have long ways to go 🥲
Coast is working enough that you don’t have to touch your investments (whether working full or part time, so you can be semi-retired). Your investments are forecast to grow to your retirement goal without any more saving
Barista is working full or part time in something that doesn’t pay enough to cover your day to day expenses, but it’s ok because you have enough capital to draw on your investments without compromising your retirement goals