Provocative title, I know, but I had to catch your eye some how! This is a short thought experiment on how much you need to invest on a regular basis to hit a net worth of £1M by 40 or £2M by 50. Includes free tools and links to help you get started and work out your own numbers.
How to Budget while including Luxuries or Luxury alternatives. I’ll tell you how to grade your Luxury spending by Happiness and search for alternatives that give you the same buzz.
£1M, £2M, £15M? FatFIRE isn’t a defined accounting term. It’s something that means different things to different people. But how much is enough?
This is my guide to calculating your future expenses, cashflows and modelling your FatFIRE number and working out your Retirement Age. ++ Free tools and downloadable resources to get you started!
There are just three things that you need to do to become Wealthy. End of Blog! Not quite…
The Lamborghini, the Rolex, designer goods, the first class travel and exotic beach holidays in the Seychelles?
They may look Rich but you may be Wealthier!
What would you rather be, Rich or Wealthy?
I haven’t actively used Reddit in almost 12 years (i.e. logged in and posted anything). I did so after 12 years in a fatFIRE related Subreddit. The internet decided to shoot me down for lapses in internet etiquette, that I have forgotten about in my absence.
£100k per year in retirement requires a £2.5M FatFIRE number. This is how we are using property and side hustles to shave £1M off that figure.
Why we went the lazy FatFIRE route when the FIRE or even LeanFIRE route would have been easier to achieve. Can’t cut everything!
How a frugal, low income, immigrant upbringing would ultimately lead me on a FatFIRE journey and a path to high income financial independence