Fat FIRE

Fat FIRE refers to a financial independence goal where individuals aim to retire early with a higher level of monthly income than typical plans. Unlike traditional retirement, which might focus on just covering basic expenses, Fat FIRE ensures a comfortable lifestyle with more spending flexibility and security. Achieving Fat FIRE usually requires significant savings, a high income, or both, and involves careful planning to build enough wealth to support a more luxurious or unrestricted retirement without the need to drastically cut costs.