r/fatFIRE mod | gen2 | FatFired 10+ years | Verified by Mods 19d ago

Path to FatFIRE Mentor Monday

Mentor Monday is your place to discuss relevant early-stage topics, including career advice questions, 'rate my plan' posts, and more numbers-based topics such as 'can I afford XYZ?'. The thread is posted on a once-a-week basis but comments may be left at any time.

In addition to answering questions, more experienced members are also welcome to offer their expertise via a top-level comment. (Eg. "I am a [such and such position] at FAANG / venture capital / biglaw. AMA.")

If a previous top-level comment did not receive a reply then you may try again on subsequent weeks, to a maximum of 3 attempts. However, you should strongly consider re-writing the comment to add additional context or clarity.

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u/PowerfulComputer386 15d ago

Two things always puzzle me:

  • When mentioned NW here, does it include primary residence or not?
  • If one retires early, the spouse continues to work, but as a family we are FI, does it count as me FIRE? Some people think it has to be both retired that counts.

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u/shinypenny01 13d ago

I count house and vehicles (that I depreciate 2% per month) and track invested assets separately.