7 Different Types of FIRE (Financial Independence Retire Early) - Queer Money Ep. 285 - podcast episode cover

7 Different Types of FIRE (Financial Independence Retire Early) - Queer Money Ep. 285

Oct 26, 202120 minSeason 1Ep. 285
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Episode description

Show notes: https://queermoneypodcast.com/podcast/types-of-fire/

Does the idea of reaching financial independence and retiring early (FIRE) appeal to you, but you don't think it's possible? Maybe your definition of FIRE needs a refresh. 

On this week's podcast we discuss (and probably piss off the FIRE police) with our 7 different definitions of FIRE. 

Topics Covered 

  • Why we don’t subscribe to the idea that there’s one right way to do FIRE
  • The 7 different flavors of Financial Independence, Retire Early
  • How the traditional definition of FIRE involves living 100% off investment income
  • What it means to be a Financial Independence, Retire Entrepreneur
  • How Financial Independence, Retire Investors work to build their stock or real estate portfolios
  • The strategies you can use to live on less and achieve Lean FIRE
  • 3 examples of how an individual might make enough money to reach Fat FIRE
  • How people in the Coast FIRE category leave high-pressure jobs for less stressful roles
  • The healthcare benefits that come with working part-time in Barista FIRE

Resources 


Mentioned in this episode:

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7 Different Types of FIRE (Financial Independence Retire Early) - Queer Money Ep. 285 | Queer Money®: How Gay People Do Money podcast - Listen or read transcript on Metacast