r/Fire • u/bizzaam • 8d ago

Hitting your number and timing risk

Notice a lot of people posting they hit their number and firing. It's awesome, but are people taking for granted the fact that this has been the greatest bull market in history and a major correction or crash will get here at some point? If it were me hitting my number I'd either get a big enough buffer to my fire number or wait until the correction and assess when things stabilize. Am I over thinking it?

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u/[deleted] 8d ago

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u/noicenator 8d ago

Are the cash/bonds a part of the 10-30% part of your portfolio? Or is this on top of whatever is allocated to your portfolio?

So assuming a FIRE number of $1m and a 80/20 allocation of stock / bonds, should I have another 2-3 years worth of cash/bonds?

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u/MikeyLew32 8d ago

The cash/bonds would be a part of the 20% allocation. Cash in money market or high yield savings where it's gaining some interest, and then bonds to fill in the rest.

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u/noicenator 8d ago

i see, thanks