Would you like to get started on the path to achieve FIRE, but don’t know where to start? Great, this should help you 🙂
Firstly, let’s power through some definitions. There are four types of FIRE goals: FatFIRE, LeanFIRE, BaristaFIRE, and CoastFIRE:
- FatFIRE aims for a luxurious retirement with high expenses
- LeanFIRE focuses on minimal expenses
- BaristaFIRE involves working part-time to supplement income
- CoastFIRE involves reducing expenses and working a low-stress job to coast into retirement.
With that, the infographic below will help and for more details and examples on the below, read this post – How Do You Reach FIRE
