FIRE time machine

Learn

Two short courses and a few articles. Every example is worked out by the calculator, in your currency.

From zero to a FIRE plan

Six short lessons, in order. By the end you will have a FIRE number, a date, and the reasoning behind both.

  1. Lesson 1 of 6, 4 minutes

    Your FIRE number

    The amount that lets your investments pay for your life, and what goes into it.

  2. Lesson 2 of 6, 4 minutes

    Inflation

    Why the same amount buys less every year, and how to read any future number.

  3. Lesson 3 of 6, 4 minutes

    Compounding and the cost of waiting

    Two people invest the same amount. One starts ten years earlier.

  4. Lesson 4 of 6, 4 minutes

    What moves your FIRE date

    Which inputs bring the date forward, and which of them you control.

  5. Lesson 5 of 6, 4 minutes

    The emergency reserve

    Money that keeps a bad month from changing your plan.

  6. Lesson 6 of 6, 5 minutes

    Living off the corpus

    What happens after you retire, and how long the money lasts.

Make the plan realistic

Four lessons on what the simple plan leaves out: markets that rise and fall, costs, tax, and the rest of life.

  1. Lesson 1 of 4, 5 minutes

    Why the average path is not enough

    Two retirements with the same average return can end far apart.

  2. Lesson 2 of 4, 4 minutes

    What fees cost over a lifetime

    A yearly cost of 1% sounds small. It is charged on everything you own, every year.

  3. Lesson 3 of 4, 4 minutes

    Tax: to spend 100 you take out more

    Tax sits between your corpus and your spending, and it raises the FIRE number.

  4. Lesson 4 of 4, 5 minutes

    Big expenses and other income

    A wedding, a home, a pension, rent. What each one does to the date and the number.

Articles

Single topics, in any order. Each one ends with steps you can take this week.