Understanding Fat FIRE
Fat FIRE represents a more luxurious approach to financial independence and early retirement, allowing for a higher standard of living throughout retirement.
What Makes Fat FIRE Different
Fat FIRE typically requires a larger investment portfolio to support annual expenses of $100,000 or more in retirement, compared to traditional FIRE's more modest spending targets.
Planning for Fat FIRE
Achieving Fat FIRE often requires a combination of high income, aggressive saving, and strategic investing. It's important to consider factors like location, lifestyle, and potential future expenses.
Investment Considerations
Fat FIRE portfolios often require more sophisticated investment strategies, potentially including real estate, business investments, and other alternative assets alongside traditional investments.