StrategyFIRE glossary
Defined termBond Tent
Gradually increasing your bond allocation in the years leading up to retirement, then reducing it again after — a "tent" shape — to buffer against sequence risk.
Did this definition help?
Related terms
More from Strategy
Sinking Fund
Saving small amounts monthly for a large known future expense (car, vacation, new roof). Keeps your investment portfolio from getting raided.
Geographic Arbitrage
Earning income in a high-cost-of-living area and spending it in a low-cost one. A common lever to accelerate or enable FIRE.
Passive Income
Income that continues without active work: dividends, interest, rents, royalties. Less common in early FIRE (most rely on portfolio drawdowns), but a popular parallel path.
Net Worth
The sum of all your assets minus all your liabilities. The scoreboard for FIRE progress — track it monthly but judge the trendline, not any single month.
Need another definition?
Jump back to the glossary index to search every FIRE term, filter by category, or keep browsing alphabetically.