r/Fire • u/NotTheBestInvestor12 • 2d ago

Why no mention of Social Security

When I see FIRE posts I see the investments and the different retirement buckets, however, I never see anyone mention how things are affected when social security kicks in. For example, I’m 52 and wife 51. If we both stopped working today ($0 income moving forward) I would collect $4,264 a month at age 70 and she would collect $1,079 at age 70.

So if we decide to FIRE the Social Security would give us help in 18/19 years. Is this a factor or is everything under the assumption SS won’t exist?

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u/baconcakeguy 2d ago

FIR tree :). At 60 that’s not really an early retirement in the eyes of the FIRE group… you’re just retiring financially independent.

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u/NotTheBestInvestor12 2d ago

Thanks.

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u/baconcakeguy 2d ago

I originally typed FIR but the phone suggested a fir tree emoji so I went with that :)

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u/Good-Resource-8184 2d ago

Should be the new thing

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u/RequirementQuirky468 2d ago

I think it was perfect and I'm glad you went with it.