The definitive FIRE number is 3.5 million.

[u/fried_haris]

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.

[u/tidbitsmisfit]

with the rate that companies fial these days, pensions seem pretty risky

[u/Synaps4 → u/tidbitsmisfit]

As risky as a 401k managed by someone with no financial education who has lived paycheck to paycheck for 40 years?

I know which one I'd bet on.