FIRE vs. LeanFIRE vs. FatFIRE: What Does It All Mean?
We’re not talking about a campfire exactly. Rather, FIRE is a movement to retire early with enough money to outlast your life expectancy. What is FIRE and how does it work? What are the differences between FIRE, LeanFIRE and FatFIRE? And, how does one achieve FIRE status? Here’s a description of the FIRE movement and what you need to know to achieve FIRE status. → Related reading: 9 Steps to Financial Independence (How to Retire Early) What Is FIRE and What Does It Stand For? Perhaps you’ve heard of Vickie Robin and Joe Dominguez? They co-authored “Your Money or Your
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You may have heard of the FIRE movement (financial independence and retire early), and maybe you've also heard of LeanFIRE and FatFIRE, but what does it mean? If you've found it to be confusing, this article on LeanFIRE vs FatFIRE can help to clear up the differences so you can know which you want to pursue.
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I've been trying to get rid of the last 10 pounds of that FatTire for years. ;-) Seriously...retiring early is definitely a goal of mine and unless something catastrophic occurs in the next 5 years, it is becoming more of a reality than a dream. Interesting article!