The Personal Finance Podcast

The 5 Levels of FIRE (Coast, Lean, FI, Chubby, Fat)

The Personal Finance Podcast

Show Notes

Coast FIRE, Lean FIRE, Chubby FIRE, Fat FIRE. Five levels, five very different lifestyles, and one of them is the milestone Andrew thinks everyone should chase first.

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What You'll Learn in This Episode

The 25x rule and the math sitting underneath every level of FIRE

All five levels explained, from the first milestone to the highest one

Why Coast FIRE should be your first target no matter which level you ultimately want

What Lean FIRE actually requires you to give up, and who it fits

How to calculate your own number using last year's bank statements

The difference between Chubby and Fat FIRE, and what the extra cushion buys you

Why the withdrawal rate deserves a second look if you retire decades early

The trap of the moving goalpost, and how to decide when enough is enough

Start Here

Join the community built to help you master your money, stay accountable, and reach financial freedom.

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Resource/s

Car Insurance https://secure.money.com/pr/gc43ce394da5

Best HYSA https://secure.money.com/pr/r453ecf4d190

Stock Brokerage Accounts https://secure.money.com/pr/v8d06f8de92c

Best IRAs https://secure.money.com/pr/oe09b73d1952

Favorite Travel Credit Cards https://milevalue.com/best-credit-cards/?aff=mastermoney

Tool/s Mentioned

Coast FIRE Calculator https://visionary-raindrop-1fc22a.netlify.app/

Compound Interest Calculator https://expert-hustler-605.kit.com/aefaaad27e

Episode/s Mentioned

Why Coast FIRE May Be The Perfect Strategy for You with Andy Hill https://www.thepersonalfinancepodcast.com/why-coast-fire-may-be-the-perfect-strategy-for-you-with-andy-hill/

Hit This Number and You Can STOP SAVING! (Even When You are Young) https://youtu.be/R2ebV44XaAY

Why Barista FIRE Is the Coolest Strategy There Is (Retire Faster Than You Thought!) https://www.thepersonalfinancepodcast.com/why-barista-fire-is-the-coolest-strategy-there-is-retire-faster-than-you-thought/

How to Retire in 10 Years or Less! https://youtu.be/nStwD03vJ64

Why a Mini Retirement Can Change Your Life https://youtu.be/o5HIfbIwfjI

Watch Next

Type A vs. Type B Money Personality: Which one are you? https://youtu.be/ZoyLEwBMQdQ

The 12 Worst Money Habits (Ranked!) https://youtu.be/VEgX_BT5dA0

How to Never Worry About Money Again with Jesse Mecham https://youtu.be/_Zrin_NvjpY

How to Save $100,000 on a Low Salary https://youtu.be/f8-BWWiDpKc

How to Spot Fee That's Robbing You, Insure Your Kids' Future & Retire Two Decades Early - Money Q&A https://youtu.be/2y6bjDkgbgM

Connect with Andrew

Instagram → https://bit.ly/Skool-Ins

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