StrategyFIRE glossary
Defined termGeographic Arbitrage
Geoarbitrage
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.
Did this definition help?
Related terms
More from Strategy
Emergency Fund
3–6 months of expenses in cash, separate from invested assets. The foundation before aggressive investing.
Glide Path
How your asset allocation changes over time — typically shifting from stock-heavy to more bonds as you approach and enter retirement.
Savings Rate
(Income − Expenses) ÷ Income. The single most important variable for years-to-FIRE. A 50% savings rate reaches FIRE in ~17 years; a 20% rate takes ~37.
Drawdown Phase
The portion of retirement where you're pulling from your portfolio instead of contributing. Requires a different mental model than accumulation — tax efficiency and sequence risk dominate.
Need another definition?
Jump back to the glossary index to search every FIRE term, filter by category, or keep browsing alphabetically.