This is a place for people who are or want to become Financially Independent (FI), which means not having to work for money. <\/p>\n
Before proceeding further, please read the Rules & FAQ. <\/p>\n
Financial Independence is closely related to the concept of Early Retirement\/Retiring Early (RE) - quitting your job\/career and pursuing other activities with your time. This subreddit deals primarily with Financial Independence, but additionally with some concepts around \"RE\". <\/p>\n
At its core, FI\/RE is about maximizing your savings rate (through less spending and\/or higher income) to achieve FI and have the freedom to RE as fast as possible. The purpose of this subreddit is to discuss FI\/RE strategies, techniques, and lifestyles no matter if you're retired or not, or how old you are. <\/p>\n
FI\/RE is about: <\/p>\n
Discovering and achieving life goals: What would I do with my life if I didn't have to work for money?\" <\/p>\n
Simplifying and redesigning your lifestyle to reduce spending. Your wants and needs aren't written in stone, and less spending is powerful at any income level. <\/p>\n
Working to increase your income and income streams with projects, side-gigs, and additional effort <\/p>\n
Striving to save a large percentage (generally more than 50%) of your income to accelerate achieving FI <\/p>\n
Investing to make your money work for you, and learning to manage\/optimize those investments for the unique nature of FI\/RE <\/p>\n
Retiring Early <\/p>\n
FI\/RE is NOT about: <\/p>\n
Gaining wealth for the purpose of excessive consumption <\/p>\n
Taking the slow road, or the traditional road to retirement <\/p>\n
Becoming financially independent requires hard work and a healthy attitude towards money, but also a degree of privilege. When participating on this subreddit, please be mindful of the ways in which you are lucky. <\/p>\n
Please read the FAQ and Rules above, then feel free to share your journey or ask for advice! <\/p>\n
Blogs <\/p>\n
Forums <\/p>\n
More to read <\/p>\n
Tools <\/p>\n
Books \/ Resources <\/p>\n
Reddit resources <\/p>\n
Closely related subs <\/p>\n
Regional FI\/RE <\/p>\n
Regional Personal Finance <\/p>\n
Money subs <\/p>\n
Lifestyle (frugal) subs <\/p>\n
<\/p>\n
The rest is here:<\/p>\n
financial independence \/ early retirement - reddit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" This is a place for people who are or want to become Financially Independent (FI), which means not having to work for money. Before proceeding further, please read the Rules & FAQ. Financial Independence is closely related to the concept of Early Retirement\/Retiring Early (RE) - quitting your job\/career and pursuing other activities with your time. Continue reading