Link is to an older podcast episode, and The Money Guy YouTube channel occasionally talks about FINE instead of FIRE.
Here’s the definitions of each:
- FINE - Financial Independence Next Endeavor
- FIRE - Financial Independence Retire Early
Basically, FINE focuses on what you plan to do after achieving financial independence, whereas FIRE tends to focus on cessation of working. I always called it FI (leave off the retirement part), but I suppose FINE works.
Anyway, just wondering what everyone else is planning to do once they hit Financial Independence, whether that’s retirement or starting something new. I’ll leave mine in the comments.
I’m living FIRE, but the “next endeavor” is, and always has been (in my opinion), to create generational wealth
If one considers the ‘die with zero’ idea, the goals become more achievable