Financial Independence, Retire Early. A movement focused on aggressive saving and investing to stop working for money decades before traditional retirement. The classic target is 25× your annual 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.
FIRE achieved on a minimalist budget, typically $20–30K/year of expenses. Requires $500K–$800K portfolio but lower lifestyle ceiling.
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.
A hybrid state where your portfolio covers most (but not all) expenses via a conservative withdrawal, and you work part-time for the rest — often for the health benefits.
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