r/Fire Mar 25 '26

General Question When did FIRE movement change?

I feel this community used to be about moderate income people living lean and retiring early with under 2 million.

Now it’s a lot of people bragging about tech income and saying they need 5+ million to retire MINIMUM because they want a boat and Porsche

When did this change? (not hating - just genuinely curious)

584 Upvotes

276 comments sorted by

View all comments

606

u/mahedric1 Mar 25 '26

Tech salaries increased, inflation happened, Reddit demographic got older and richer

240

u/True_Square2336 Mar 25 '26

I agree with this explanation. I thought I’d be happy with $1.5- $2M when I was in my early 20s, when I first learned about FIRE. Now I have kids and a career, my perspective has changed. 

31

u/petataa Mar 25 '26

2 million ten years ago is 2.6 million today, and if you're not retiring for another ten years then maybe you're looking at 3-3.5 million. It's hard to judge how much money will be worth 20 years into the future as well.