Along our r/financialindependence journeys, there are certain numeric financial milestones that we pass and strive for. It’s up to each of us to decide at what point we stop wasting our lives working being a wage slave and instead dedicate our time to fully enjoying life. Before pulling the FIRE trigger, we’ve got to find the magic number that is the right balance of having enough money to cover our nut for the rest of our lives vs. leaving behind stacks of cash when we’re resting in our graves.
r/leanFIRE – $1 million, a.k.a., the 2-comma club; the 2-comma club is the poor man’s 3-comma club, popularized by the TV show Silicon Valley, but a significant milestone nonetheless:
https://www.youtube.com/watch?v=IIDxOriMZNY
https://www.youtube.com/watch?v=xzMUrB-Um1Y
r/Fire – $2.5 million – classic advice from John Goodman in the film "The Gambler":
https://www.youtube.com/watch?v=XamC7-Pt8N0
Jim: I've been up two and a half million dollars.
Frank: What you got on you?
Jim: Nothing.
Frank: What you put away?
Jim: Nothing.
Frank: You get up two and a half million dollars, any asshole in the world knows what to do: you get a house with a 25 year roof, an indestructible Jap-economy shitbox, you put the rest into the system at 3 to 5 percent to pay your taxes and that's your base, get me? That's your fortress of fucking solitude. That puts you, for the rest of your life, at a level of fuck you. Somebody wants you to do something, fuck you. Boss pisses you off, fuck you! Own your house. Have a couple bucks in the bank. Don't drink. That's all I have to say to anybody on any social level. Did your grandfather take risks?
Jim: Yes.
Frank: I guarantee he did it from a position of fuck you. A wise man's life is based around fuck you. The United States of America is based on fuck you. You're a king? You have an army? Greatest navy in the history of the world? Fuck you! Blow me. We'll fuck it up ourselves.
r/fatFIRE – $5 million: as noted in the TV show Succession, 5 is a nightmare; the poorest rich person in America: https://www.youtube.com/watch?v=m0sRrsara9c
What is your FIRE number, the number you’ll up and quit your job and say, “I have enough”.
Are there any other financial numeric milestones that were popularized in film and TV?
The different types of FIRE, by the numbers, from film and TV
byu/j909m infinancialindependence
Posted by j909m
1 Comment
ArchieLuxury on YouTube is the only trustworthy source of financial advice on the web as far as I know