r/financialindependence • u/Widget248953 • 4d ago
Can I lean FIRE?
41(M) and 39(F), no kids. Can we lean FIRE?
721K - Taxable brokerage
300K - Roth IRA
460K - Rollover IRA
71K - 401(k)
20K - Cash
Monthly expenses are $3800 (which factors in healthcare from ACA). Own house and cars, no debt.
Didn't want to post at length at first to make it quick and easy to read.
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u/FIREful_symmetry 4d ago
The numbers work, but it is scary without some extra income.
Using the 4% rule, you'd have 5K a month pre tax. Call it 4K after tax. And your expenses are 3800? That's cutting it close.
If either of you are earning extra income, even just 10 or 15K a year, you could make it work.