FIRE stands for "Financial Independence, Retire Early." It is a movement or lifestyle choice that aims to allow individuals to retire much earlier than the typical retirement age by saving and investing a significant portion of their income and living frugally. The goal of FIRE is to achieve financial independence, which is defined as having enough passive income or assets to cover one's living expenses without the need to work for pay.
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Hey Everyone! It’s September, and the long days of summer are almost gone. RB40Jr started high school, and he seems to be enjoying it. He is taking Physics, Advanced Algebra, ... Read more The p...
At Physician on FIRE, we’re constantly seeking resources and strategies to reach FIRE. This week, we’re thrilled to share a ... Read more...
For all that we talk about FIRE and how it’s the way to secure a financially sound future early in ... Read more...
If you decide to forsake making maximum money to become a FIRE parent or stay-at-home parent, then you had best spend more time with your kids. Otherwise, you might as well go back to the office and g...
As a kid, when I first learned about the butterfly’s life cycle, I was instantly fascinated. Not because of the ... Read more...
Since writing about FIRE in 2009, I’ve favored investing in growth stocks over value stocks. As someone who wanted to retire early from finance, my goal was to build as large a capital base as q...
FIRECracker is a world-travelling early retiree. She used to live in one of the most expensive cities in Canada, but ... Read more...
You can have all of the money in the world, but it means nothing if you don’t have your health. Warren Buffett drove this point home at the first Berkshire Hathaway meeting I attended over 10 ye...
They say parenting lets you relive your childhood. Great, if you had an awesome one. Not so great if you didn’t. Mine nearly made me swear off having kids forever. It wasn’t just the yelli...
Hey Everyone! I am back from my California road trip. We had a blast visiting friends and family. We also explored the Central Coast and the Sequoia National Park. Mrs. ... Read more The post July 202...
Hope you’re all having a good summer and not drowning in sweat like we are. When we’re not out at community pools or chasing our toddler around at playgrounds, we managed to find the time ...
If you’ve been reading about financial independence for a while, you’ve likely seen that the topic is getting more popular lately. Although FIRE (Financial Independence / Retire Early) is ...
It’s been a while since I posted a new Financial Independence Podcastepisode but I’m excited to share one with you today! Mr. and Mrs. 1500 from 1500Days.com joined me live at FinConin Dal...
I have some big news… I am now a British citizen! In honor of finally getting my UK passport, and therefore completing this long journey to citizenship, I am releasing my UK FIRE episode. Barne...
Last year, I published an interview with one of my favorite financial writers, Morgan Housel. You may remember that the interview was recorded as part of a Bogleheads meeting and the interview was act...
In his June 25, 2025 Kitces.com post, Adam Van Deusen encouraged financial advisors to help their clients understand when they may have enough retirement savings to “Coast-Fire” and keep w...
On July 3, the House narrowly passed theOne Big Beautiful Bill Act (OBBBA)with a 218–214 vote. According to the nonpartisan Congressional Budget Office (CBO), the bill will add an estimated$3.3 ...
I started going fishing every few days after I was laid off 2 years ago. It was a great way to get outside and clear my head. It was one of the things I built my day around. Take my daughter to school...
Physician pay is squeezed from every direction. Much of what determines our compensation is completely out of our control. The ... Read more...
In my 30s and 40s, I didn’t wait to enjoy life—I took planned breaks from work to spend real time with my family. I called it “REO” (Retire Early & Often). The idea was to ...
FIRE vs. Fat FIRE: Which Path Are You Really On (and Does It Even Matter Anymore?) TL;DR: FIRE Isn’t a ... Read more...
Hey Everyone! Did you have a good month? May was another hectic month at the RB40 household. I felt like I was a full-time chauffeur for the family. There was ... Read more The post May 2025 FIRE Upda...
Most of us aren’t afraid of work. Sure, we no longer glamorize the nonstop grind, but we still love to ... Read more...
I haven’t been paying attention to this blog much because I’ve had a lot going on. Summer is almost here and we’ve already had loads of visitors come through town. One of the great t...
My economic and market outlook: We will avoid a recession, inflation will further moderate, and the USA will win the trade war. Relax! The FIRE movement will be just fine. The post Market Musings: Rec...
Hey Everyone! Did you have a good month? April was a hectic month at the RB40 household. RB40Jr was busy with school, debate, Ultimate Frisbee, martial arts, and socializing with ... Read more The pos...
FIRECracker is a world-travelling early retiree. She used to live in one of the most expensive cities in Canada, but ... Read more...
It’s been a while and our reader cases are piling up, so without further ado, it’s time for another reader case! Greetings FC and W!!! I’m normally a “Live quietly amongthe mas...
I received many questions after concluding in my post “How Much is Enough to FIRE in San Francisco” that $5,654,000 was enough to cover my current and planned future spending needs....
For decades, the National Resident Matching Program (NRMP) – better known simply as “the Match” – has decided where most ... Read more...
Hey Everyone! Did you have a good month? March was a pretty good month at the RB40 household. We visited my brother during Spring Break and had a great time. ... Read more The post March 2025 FIRE Upd...
NOTE: Before getting to our article today, I want to let you know that there is a super cool, one of a kind FIRE project that I’m stoked to tell you about at the end of the post. Read on to find...
If you're dreaming of retiring early, here's what you can learn from others who've successfully accomplished that goal....
What's the point of all these income strategies in retirement? Let’s look at the risks and benefits of some and why you might consider them. The post Retirement Income Strategies — And Her...
Hey Everyone! Did you have a good month? February was another hectic month at the RB40 household. I was busy fixing up our rental condo. That’s done and it’s listed ... Read more The post ...
There are plenty of reasons people choose not to have kids, with the cost of raising them being a major one. Another big factor is the fear that children will disrupt an ideal FIRE lifestyle. Many env...
Exploring the unique challenges and needs of first responders in retirement with retirement coach and former police lieutenant Kimberly Stratman. When we need them most, first responders rise to answe...
Hey Everyone! January was a hectic month for me. Our rental is vacant and I’ve been getting it ready for sale. Mrs. RB40 and I also had some health issues ... Read more The post January 2025 FIR...
What is Coast FIRE? We all know the FIRE movement, stands for “Financial Independence, Retire Early.” It’s a lifestyle shift ... Read more...
Here is a cheat sheet of financial information to reference of the year. It includes 2025 tax brackets, 401k limits, and more....
Happy New Year everyone! I hope you had a nice winter break. We went to visit families near Palm Springs and had a great time. It was so nice and ... Read more The post 2024 FIRE Wrap-Up! appeared fir...
Ever wondered how you could achieve financial freedom without waiting until you’re 65? Or how you could work less now, but still retire comfortably later? That’s exactly the kind of balanc...
As the holiday rush fades, another shortened trading week could still spark outsized moves, with housing data poised to confirm ... Read more...
Welcome back to Physician on FIRE’s Monday Markets review! The upcoming Christmas week may seem quiet but don’t underestimate the ... Read more...
Doctors know all about job burnout. It’s the reason why so many pursue the FIRE movement to find early financial ... Read more...
As the Fed prepares to cut rates and investors brace for fresh retail data, a stubbornly resilient consumer number could ... Read more...
The initial data for the 2024 FAANG FIRE audience survey is in. More time is needed for the full analysis, but this post includes all the initial high level data into the results....
There was overwhelming support for a broadly FIRE themed book club! We’ll cover a mix of classic staples like The Simple Path to Wealth by JL Collins and The Little Book of Common Sense Investin...
Welcome to the second part of the series where I am trying to identify how much is “enough” to retire early in San Francisco. Two years ago I had determined that my “Enough Number&rd...
Welcome back to Physician on FIRE’s weekly market updates! Next week’s U.S. inflation data could flip the switch on a ... Read more...