The point where you have enough invested that you never need to contribute another dollar — compound growth alone will carry you to Full FIRE by traditional retirement age. You still work, but only to cover current expenses.
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Related terms
The middle ground between Regular FIRE and Fat FIRE — roughly $2.5M portfolio supporting $80–100K/year spending.
Your target portfolio size to be financially independent. Usually calculated as annual expenses ÷ withdrawal rate. At a 4% SWR, $40K in annual expenses means a $1M FIRE number.
Save half of Coast FIRE's number, then take a multi-year break (or part-time work) while compound growth finishes the job. Named for the bird that stands on one leg.
A softer framing of FI: you keep earning because you want to, not because you need to. Emphasizes freedom of choice over dropping out of the workforce.
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