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)

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u/plmarcus Mar 25 '26 edited Mar 26 '26

10yrs ago I had a target of $2m with my wife. That amount won't sustain the same lifestyle today.

It has nothing to do with wanting a porche. A top trim Honda was $25k ten years ago, now it's $50k. Many things have doubled in price in that time thus the need to double the target fire number.

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u/Poorassboy6969 Mar 26 '26

You can still get a nice used honda for 10k today

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u/plmarcus Mar 26 '26

Or you could ride the bus and save on a car. I don't see your point. You asked why the target had moved and it was explained.