Lean FIRE
A form of FIRE based on deliberately restrained spending.
Definition
A form of FIRE based on deliberately restrained spending.
Why this concept matters
It may lower the target capital and make the goal quicker to reach.
What to watch
An overly tight budget may be hard to sustain and underestimate healthcare, family, housing or emergencies.
Simple example
A Lean FIRE plan tests several budgets rather than one theoretical minimum.
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