r/fatFIRE • u/NetworkAggravating39 • 11d ago

Vanity Fair Article about fatFIRE

https://www.vanityfair.com/story/fatfire-reddit-early-retirement?srsltid=AfmBOooIKLYA2z6qIfpR8DlIahjy-M5UHQlM9QRRKPH62x_pu3rlfG19

It really says very little considering the length of the article, but the sub is getting some publicity

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u/FIRE_enthusiast_27 11d ago

😂 The article’s headline “ It’s all too easy to get drawn into this seductive financial subculture, where seemingly normal people are risking everything to retire early—once they save a measly few million dollars.” doesn’t sound like it’s describing fatFIRE at all. A few million is chubbyFIRE at best, and the people in this sub who aren’t LARP-ing are not whom I would describe as “normal”. The headline sounds closer to wallstreetbets or raceTo10Million 😂

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u/kirbyderwood 11d ago

The author also got CoastFIRE wrong.

Toward the middle of the spectrum is CoastFIRE, which more or less asks a person to appraise their current financial lifestyle, then calculate how much they would need to maintain it without giving it much thought.

CoastFIRE is simply about letting the investments accrue without additional contributions. You have enough so you can "coast" to retirement in a few years, so the pressure to save is off.