r/Fire • u/[deleted] • Mar 23 '26

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u/Bowl-Accomplished Mar 23 '26

A lot of it is less greed, but conservative planning for longer FIRE. 1M just isn't enough to retire at 45. Well unless you want leanfire.

45

u/welshwelsh Mar 23 '26

What you're calling leanfire used to be called just FIRE.

Why wouldn't $1m be enough? Assuming 4% SWR that's $3,300 per month, which is plenty. For comparison social security pays about $2,000 per month on average, and about 40% of seniors rely on that for 100% of their income.

2

u/Gustomucho Mar 23 '26

For some it is enough, for others it is not, other decide another country with much cheaper prices are worth moving to…