this post was submitted on 07 Aug 2023
7 points (100.0% liked)
FIRE (Financial Independence Retire Early)
1131 readers
1 users here now
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)
Personal Income Spending Flow Chart (Australia)
Personal Finance Flow Chart (Ireland)
Useful Links:
Mr. Money Moustache - a frugal lifestyle blog
Related Communities:
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Weekly question:
For those with kids, what are your plans for college? How does it factor into your retirement plans?
We’re working on front loading 529’s. The goal is to have enough in each to cover four years at a good in state university plus some buffer. Obviously they might literally do something different but it feels like a good baseline. Finishing this front loading is one of the items on our pre-FIRE checklist as the plan is to pull the trigger long before they’ll go off to college.