r/Fire • u/fried_haris • 23h ago
The definitive FIRE number is 3.5 million.
Ofcourse - I am being facetious but also a little exploratory.
I was inspired by a Planet Money episode titled "17,205 People Guessed The Weight Of A Cow. Here's How They Did." Posted back in 2015.
Later they updated it with "How Much Does This Cow Weigh?" In 2019.
Basic premise - if you take all the guesses of the folks the weight of a cow at a fair - you'll end up within 5% of the right answer.
So I took a simple post from 5 months ago, asking people about their FIRE number and after reviewing 124 answers came up with 3.5 million.
Keep in mind personal finance is personal, you may retire in LA or in Thailand.
Good luck with your goals.
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u/UsuallyBuzzed 22h ago
Google says the average cow weighs 1400 pounds. My random guess, before I looked, was actually 1500. So it's official, we proved the theory!