this post was submitted on 04 Dec 2023
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FIRE (Financial Independence Retire Early)

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Welcome!

FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.


Flow Charts:

Personal Income Spending Flow Chart (US)

Personal Income Spending Flow Chart (Canada)

Finance Flow Chart (UK)

Personal Income Spending Flow Chart (Australia)

Personal Finance Flow Chart (Ireland)


Useful Links:

Bogleheads Wiki

Mr. Money Moustache - a frugal lifestyle blog

The Earth Awaits


Related Communities:

/c/PersonalFinance@lemmy.ml

/c/PersonalFinance@lemmy.world

/c/PersonalFinanceCanada@lemmy.ca

/c/AusFinance@aussie.zone


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I was doing a little EOY accounting, and I wanted to see where I could afford to retire to with my current amount of investments. I searched a bit, but couldn't find anything good, and then I remembered the old /r/financialindependence sidebar.

Since I happen to be a mod, I went ahead and abused my mod powers and added it to the community info here. My wife is from another country, and we're not yet to the point where we could retire there, but we're surprisingly close, so I now have a new milestone to shoot for.

I don't know the methodology they use here, or how often it's updated, but I think it's fun to look around at options.

I remember another site that simply gave a list of countries in order from cheapest to most expensive and you'd enter your current assets and figure out where you could go. I thought it was a lot of fun to see what "upgrades" an extra year or two of working would get me, but I didn't bookmark it. If anyone can find something like that, please post it.

Anyone considering going expat? If so, does this resource seem accurate? Do you have others you like better?

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[–] TeaHands@lemmy.world 4 points 1 year ago

I would absolutely consider it, but my other half never would. Still it's fun to have a play around with these things anyway! Top suggestion for us is Valencia, which, I'm not generally keen on Spain but if I had to pick a city there it probably would be Valencia.

Very amused to see the site still has a "share on Google+" option, hah!