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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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 ...
A FAANG-focused breakdown of the One Big Beautiful Bill (OBBB). What actually changes for high earners, W2 employees, and FIRE planners....
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...
My previous post really caught fire, and I think it led to some good discussions. I felt it was important to follow up. My wife and I had a great discussion last night. Although she didn’t come ...
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...
It has been more than 2 years since my last post.  Maybe more importantly in round numbers it has also now been around 18 years since I started on my FIRE journey, 16 years since I started th...
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...
What I wrote, shared, and got quoted on this month — from $5.65M FIRE projections to WSJ quotes, market drops, and 750K-view LinkedIn posts....
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: The winners of last week’s FIRE album giveaway will be announced at the end of this post. I’ve been asked on numerous occasions how we deal with taxes in retirement. Spoiler alert, i...
A Breakdown of the FAANG FIRE Savings Prioritization Waterfall...
If you're dreaming of retiring early, here's what you can learn from others who've successfully accomplished that goal....
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...
The FAANG FIRE Bookclub just finished our discussion of Ramit Sethi’s “Money for Couples”....
I met Kara Johnson at a Camp FI event I spoke at in 2022. At the time, she was very new to the financial independence community and drinking from the proverbial fire hose for reasons she’ll expl...
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...
As someone who literally wrote the book on how to negotiate a severance package, I love severance case studies! The second rule of FIRE (Financial Independence Retire Early) is simple: never quit your...
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...
If you're a FIRE parent, one of your biggest concerns might be raising a spoiled and entitled child who takes hard work and money for granted. If this happens, it may feel like a significant failure&m...
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...
Wrap up 2024 with these essential tasks, tax tips, and investment insights from a seasoned FAANG FIRE pro. Get ready for 2025 with smarter, more strategic finances....
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...
Financial literacy is a cornerstone of independence and success. As a father committed to the principles of Financial Independence, Retire Early (FIRE), I believe it’s never too early to start t...
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...
December 2, 2024 – Many of you have asked me to comment on a recent phenomenon in the FI/FIRE community: Small-Cap Value (SCV) Stocks. Oh, my! Just when I thought we were making progress in the ...
Hey everyone! Did you have a good month? November was an interesting month. We had the Presidential election in the U.S. and emotion ran high. I was disappointed with the ... Read more The post Novemb...
Welcome back to Physician on FIRE’s weekly market updates! In the weeks ahead, markets are brimming with opportunities as President-elect ... Read more...
Now that we know what FIRE is, let’s learn the benefits. In this episode of Retirement Answer Man, Kevin Sebesta joins me to discuss the benefits of FIRE. Afterward, Mark Ross comes aboard to no...
Two new ETFs, the FIRE Funds Wealth Builder ETF (FIRS) and FIRE Funds Income Target ETF (FIRI), cater to the growing FIRE movement....