r/Fire • • 11h ago

Daily FIRE Hangout - Saturday, October 17, 2026

3 Upvotes

This is a relaxed hangout thread for the FIRE community to chat with other FIRE-minded folks without having to publish separate posts. This is the place for brand new people to get their feet wet as well as for lurkers who have questions or comments, but do not want to create posts of their own.

All of the sub rules apply in this thread as normal with the exception of the off-topic rule, which is relaxed to the extent that people don't go wildly off of the reservation.

We are putting this up as a trial to see if it is worth keeping this as a permanent feature of the sub. Participation is entirely voluntary and anyone who wants to create a separate post of their own rather than posting in here is free to do so.


r/Fire • • 5d ago

Weekly ACA 2027 Open Enrollment FAQ/Megathread (Week 1) - Please feel free to ask all questions, share your experiences/results/resources, and discuss the ACA in general. ACA posting outside of this thread is also fine.

83 Upvotes

This Megathread is a communal resource for all things ACA during the 2027 open enrollment period. Although open enrollment doesn't start in most states until November 1st, Idaho will be opening up their exchange on October 15th and CT/MA follow the week after on October 23rd, hence this going up a bit early for most of us. Can't have our Idahoans, Nutmeggers, and Bay Staters left out in the cold waiting for the rest of us to catch up.

Please feel free to ask all questions, share your experiences, discuss the ACA in general, ask for help with pricing or MAGI optimization, and everything else ACA-related. However, everyone is also free to make their own posts if they prefer, so please do not tell people that they must come here to discuss the ACA. If anyone has a suggestion for something to add to the post or edits/corrections, then absolutely feel free to share publicly or via DM/modmail.

Please remember that there are state variations, information is subject to change, and you should independently verify any information upon which you are going to make any meaningful decisions. I am purely an experienced amateur and do not offer any fiduciary duty or legal expertise.

TERMS

Terms for those that are unfamiliar:

  • MAGI - Modified Adjusted Gross Income, a particular version of adjusted gross income used by the ACA.
  • APTC - Advanced Premium Tax Credit, an advanceable and fully refundable federal income tax credit that reduces ACA premiums, known by most simply as ACA subsidies.
  • EPC - Expected Premium Contribution, the amount customers are expected to pay annually for the Silver benchmark ACA plan in their market. APTCs are calculated as the market price of the benchmark plan minus EPC.
  • FPL - Federal Poverty Level, a measure used by the federal government as a determinant in many policy systems.
  • MaxOOP - Maximum Out of Pocket, the most a customer can be asked to pay in out of pocket expenses for in-network covered benefits by an insurer in a given year. This includes deductibles, copays, and coinsurance, but excludes premiums.
  • CSR - Cost Sharing Reductions, the second subsidy system within the ACA that reduces out of pocket expenses like deductibles, copays/coinsurance, and MaxOOP.
  • AI/AN - American Indian / Alaskan Native
  • AV - Actuarial Value, the percentage of total average costs for covered medical benefits that a health insurance plan is expected to cover for a standard population. For example, if a plan has an 80% AV, the insurer pays 80% of average expenses, and customers pay 20% through deductibles, copays, and coinsurance.

FAQ


Q: What are the dates for open enrollment this year?

A: Most states will have open enrollment between November 1st and January 15th, with December 15th as the last day to enroll in order to have coverage active starting on January 1st. Enrollments after that date will have coverage active starting on February 1st. States that differ from the default dates are listed below. Please note that dates are subject to change.

Pro-tip - Apply early! You can change your plan selection before the enrollment deadline if you change your mind.

State 2027 Open Enrollment Enroll for 1/1/27 Coverage Enroll for 2/1/27 Coverage
California 11/1/26 – 1/31/27 12/31/26 1/31/27
Connecticut 10/23/26 – 1/15/27 12/15/26 1/15/27
District of Columbia 11/1/26 – 1/31/27 12/15/26 1/31/27
Idaho 10/15/26 – 12/15/26 12/15/26 N/A
Maryland 11/1/26 – 1/15/27 12/31/26 1/15/27
Massachusetts 10/23/26 – 1/23/27 12/23/26 1/23/27
Nevada 11/1/26 – 1/15/27 12/31/26 1/15/27
New Jersey 11/1/26 – 1/31/27 12/31/26 1/31/27
New Mexico 11/1/26 – 1/15/27 12/31/26 1/15/27
New York 11/1/26 – 1/31/27 12/15/26 1/31/27
Oregon 11/1/26 – 1/15/27 12/15/26 1/15/27
Rhode Island 11/1/26 – 1/31/27 12/31/26 1/31/27
Vermont 11/1/26 – 12/28/26 12/15/26 12/28/26
Virginia 11/1/26 – 1/29/27 12/15/26 1/29/27
Washington 11/1/26 – 1/15/27 12/15/26 1/15/27

Q: What are the qualifying income limits for ACA subsidies?

A: MAGI between 100% FPL and 400% FPL in states that did not expand Medicaid and MAGI between 138% FPL and 400% FPL in most states that did expand Medicaid. Note that MAGI between 100% FPL and 138% FPL in expansion Medicaid states is still qualifying for ACA subsidies, but only if you have been denied for Medicaid. Some state variations do exist due to localized Medicaid rules and things like Basic Health Plans, so be sure to validate the relevant income limits in your state.


Q: What is MAGI?

A: Modified Adjusted Gross Income. ACA MAGI is your 1040 AGI (line 11) plus a few untaxed/excluded income sources (untaxed SS benefits excluding SSI [1040 line 6a minus line 6b], untaxed foreign excluded income and housing benefits [Form 2555], and tax-exempt interest [1040 line 2a]).

Details can be found here - https://www.healthcare.gov/income-and-household-information/income/


Q: Can I do anything to change my MAGI?

A: The rules are pretty simple in terms of MAGI control, but the mix of cashflows is always unique for each household's particular circumstances.

  • Roth conversions generate MAGI without withdrawal/spending.

  • TIRA withdrawals generate MAGI and provide cash for spending.

  • Roth contribution basis, matured Roth conversion basis, HSA, margin/credit, and cash equivalents provide withdrawal/spending without generating MAGI.

  • Taxable sales generate MAGI only via cap gains and can be a nice source of non-MAGI funds depending on one's cost basis. Sell $100K in stock with $40K cost basis and you have $100K to spend and $60K in MAGI.

  • HSA contributions do not require earned income and reduce MAGI.

Mix and match retirement cashflows to get whatever combo of MAGI and spending you want.

Anyone in here with a good mix of assets can use cashflows from various assets to generate a wide array of MAGI and spending combinations. For example, if you sell $150K in stock with an $80K cost basis, then you get $150K in spending cashflow and $70K in MAGI. Pull $50K a year in untaxed Roth withdrawals and you get $50K in spending cashflow and $0K in MAGI. FIRE folks are notorious for our aggressive use of tax optimization techniques, so our ability to separate MAGI and spending in retirement is generally pretty good.

For those using the ACA while working, TIRA and T401k contributions reduce MAGI. For those without earned income, HSA contributions reduce MAGI.


Q: Our MAGI is just slightly over the master cliff at 400% FPL. Is there anything we can do to regain subsidy eligibility?

A: If an HSA is not already in use, then using one can effectively extend the master cliff to between ~430% to ~450% FPL. HSA contributions reduce MAGI and do not require earned income, meaning retired households can still make them. The actual HSA contribution limits end up being equivalent to somewhere between 30% and 50% of FPL for single/couple households, depending on age.

The below example uses real numbers for 2026 national average premiums and subsidy calcs for illustration purposes. True numbers for a specific household will vary by location, household demographics, and MAGI.

If a 55-year-old couple currently has MAGI of $90K (~426% FPL), then they are ineligible for premium subsidies. If they want a Bronze policy, then they have two options.

Option 1: Pay full market price for a Bronze policy. For 2026 the national average for least expensive Bronze policy is $19K.

Option 2: Commit to contributing $8K to the HSA that any Bronze policy makes them eligible for, which allows them to reduce their MAGI estimate to $82K (388% FPL). This restores their subsidy eligibility and they become eligible to receive nearly $18K in premium subsidies, leaving them responsible for $1K in premiums on their Bronze policy.

In option 1 they pay $19K for a Bronze policy.

In option 2 they pay $1K for the same Bronze policy, the feds pick up the other $18K in premiums, the couple sets aside $8K in an HSA to use as they wish, and they keep the remaining $10K for whatever they want.

Most people have no idea how lovely the universal Bronze HSA eligibility change made last year by the OBBBA is for many FIRE'd households. It can be a massive win for people just over the cliff.


Q: What happens if my MAGI estimate is off?

A: ACA premium subsidies are reconciled on your tax return the following year. If you got subsidies you shouldn't have, then you pay them back. If you didn't get subsidies that you should have, then you get them as a tax refund. ACA cost-sharing reductions are not reconciled. What you get when you apply is what you get. There is no refund or recapture on CSRs.


Q: Can anyone have an HSA?

A: No, you need to have an HSA-eligible policy to contribute to an HSA, but all Bronzes and Catastrophic policies are HSA-eligible by default. The 2027 contribution limits for HSAs are $4,500 for a single, $9,000 for a family, and each adult 55 and up can make an additional $1,000 catch-up contribution.

Source: https://www.irs.gov/pub/irs-drop/rp-26-24.pdf


Q: What is FPL?

A: Federal Poverty Level. It is flat in the lower 48 states and slightly higher in Alaska and Hawaii. The ACA uses prior-year FPL, so 2027 coverage will use 2026 FPL, which can be found here - https://aspe.hhs.gov/sites/default/files/documents/b1bfa16b20ae9b89d525bc35de7c1643/detailed-guidelines-2026.pdf


Q: Where can I go to see the prices and policies offered in my area next year?

A: 2027 prices will be available on the federal exchange sometime in the final week of October. Anyone will be able to see 2027 prices and plans in their area with some anonymous data (age/zip/income) in about three minutes at https://www.healthcare.gov/see-plans/#/. If you have a local state-run exchange, then you'll be redirected to the appropriate website. 2027 prices on the state exchanges will be available on a rolling basis soon, but they usually come out earlier than the federal exchange.


Q: What happens if I miss open enrollment?

A: Applications after open enrollment ends will only be possible for those that qualify for a Special Enrollment Period. For SEP details see here - https://www.healthcare.gov/coverage-outside-open-enrollment/special-enrollment-period/


Q: How are subsidies calculated?

A: Subsidies are calculated by taking the unsubsidized market premium of the benchmark plan in your county, which is the second lowest cost Silver plan, and subtracting your expected premium contribution (EPC). Any remainder is your subsidy amount. Once your subsidy is calculated you are free to use it on any plan you choose in any metal tier. If you choose a policy with an unsubsidized premium lower than your subsidy amount, which is common for Bronzes and in some states/counties also happens with Golds, then you owe no premium for your policy. Excess unused subsidy value is lost and not refunded to you.


Q: How do I determine my expected premium contribution?

A: EPC is calculated as a percentage of your 2027 MAGI, which you estimate at the time of application. The following is the 2027 EPC table:

Expected Premium Contribution (Coverage Year 2027)

MAGI (% of FPL) 2027 EPC (% of MAGI) 2026 EPC (% of MAGI) Change from 2026
Less than 100% No limit / unsubsidized No limit / unsubsidized N/A
100% to <133% 2.15% 2.10% +2.4%
133% to <150% 3.23% to 4.3% 3.14% to 4.19% +2.9%
150% to <200% 4.3% to 6.78% 4.19% to 6.60% +2.6%
200% to <250% 6.78% to 8.66% 6.60% to 8.44% +2.7%
250% to <300% 8.66% to 10.22% 8.44% to 9.96% +2.6%
300% to 400% 10.22% 9.96% +2.6%
More than 400% No limit / unsubsidized No limit / unsubsidized N/A

Source:

https://www.irs.gov/pub/irs-drop/rp-26-26.pdf

KFF has an excellent calculator (not updated yet for 2027 prices) that will tell you your exact subsidy amount in seconds, find it here - https://www.kff.org/interactive/subsidy-calculator/


Q: What are the limits next year on MaxOOP and deductibles? Does it vary by metal tier?

A: MaxOOP has a regulated legal maximum that applies to all ACA and employer-sponsored plans. It is the same for all policies sold in the US with the exception of CSR Silver plans. Deductibles can be as high as MaxOOP, but can not exceed it. The following is the 2027 MaxOOP table:

Out-Of-Pocket Maximum (Coverage Year 2027)

Plan Type MAGI Level 2027 Individual / Family MaxOOP 2026 Individual / Family MaxOOP Change from 2026
All non-CSR Plans All $12,000 / $24,000 $10,600 / $21,200 +13.2%
CSR Silver Plan 73% AV 200% to 250% FPL $9,600 / $19,200 $8,450 / $16,900 +13.6%
CSR Silver Plan 87% AV 150% to 200% FPL $4,000 / $8,000 $3,500 / $7,000 +14.3%
CSR Silver Plan 94% AV Up to 150% FPL $4,000 / $8,000 $3,500 / $7,000 +14.3%
CSR Silver Plan 99% AI/AN AV AI/AN Up to 300% FPL $0 $0 N/A

Source: https://www.cms.gov/files/document/2027-papi-parameters-guidance-2026-01-29.pdf


Q: What is a CSR Silver?

A: There are two ACA subsidy systems, the premium tax credits (PTCs) that offset premium costs and the cost-sharing reductions (CSRs) that offset non-premium costs like deductibles, copays/coinsurance, and MaxOOP. CSRs are only offered to people with MAGI of 250% FPL or less and are most meaningful for those with MAGI of 200% FPL or less. CSRs can be worth more in value than PTCs, but CSRs only offset costs when you actually use your health insurance, so their value depends entirely on actual utilization of healthcare. Note that the table above only shows the maximum allowed MaxOOP for CSR plans, but actual MaxOOP is often significantly lower. For example, there will be CSR Silver 94s next year with MaxOOP well under $2,000. The exact value varies for each individual policy.


Q: What are the metal tiers and how can I get one of those CSR Silvers?

A: The metal tiers are defined by their actuarial value (AV), which broadly speaking means what share of all covered healthcare expenses they should pay for the risk pool. Bronze is 60% AV, Silver is 70% AV, Gold is 80% AV, Platinum is 90% AV.

The CSRs create three hidden tiers of Silvers for those that qualify for them based on MAGI at FPL steps 150%/200%/250%, which are 94% AV (better than Platinum), 87% AV (almost Platinum), and 73% AV (minimal). Anyone over 250% FPL sees the default non-CSR Silver at 70% AV. There is also a fourth hidden Silver tier that is reserved exclusively for officially recognized North American Native Americans.

When you log on to the exchange and enter your MAGI they only show you the Silver tier you are entitled to see and buy. This is why one person can love their Silver policy with a $0 deductible and $1,200 MaxOOP and another person with the seemingly exact same Silver policy can think it is crappy with a $6,000 deductible and a $9,000 MaxOOP. The first person has the 94% AV variant and the second person has the 70% AV variant.


Q: Is there an example of how CSRs impact a policy?

A: My household qualifies for a CSR Silver 94 in 2026. The following are actual coverage costs for our policy with CSRs and without.

Our 2026 Silver plan with cost-sharing reductions:

  • $0/$0 deductible (individual/family)
  • $0 PCP
  • $10 specialist
  • $5 urgent care
  • $0/$15 tier1/tier2 scripts
  • 25% ER coinsurance
  • $2,200/$4,400 MaxOOP (individual/family)

Our 2026 Silver plan without cost-sharing reductions:

  • $6,000/$12,000 deductible (individual/family)
  • $40 PCP
  • $80 specialist
  • $60 urgent care
  • $20/$40 tier1/tier2 scripts
  • 40% ER coinsurance
  • $8,900/$17,800 MaxOOP (individual/family)

Q: If I don't qualify for CSRs, then what policy should I aim for?

A: It will vary by market, but as a general rule Silvers are routinely a poor financial choice for people with MAGI greater than 200% FPL because they are paying the Silver loading surcharge to fund the CSR subsidy system. Households with more than 200% FPL should usually look instead to a Bronze or Gold, though this is not a universal rule.


Q: What the hell is "Silver loading"?

A: There are two subsidy systems in the ACA, the premium tax credits (PTCs) that reduce monthly premiums, and the cost-sharing reductions (CSRs) that reduce/eliminate deductibles and out-of-pocket expenses for people with MAGI under 250% FPL. The federal government eliminated direct funding for the CSR subsidies in 2017, but insurers are still required by law to deliver them to customers and the cost for them is rather large and can often be greater than the PTCs for a given household. The highest tier of CSRs changes a Silver plan into one that can be significantly better than a Platinum plan.

Insurers and states largely responded to this major problem by boosting the premiums on Silver policies since that is the only metal tier in which CSRs are offered. This is what is meant by the term "Silver loading". For example, here in Texas the state has mandated that Silver premiums be priced 40% higher than what they would normally be if CSRs were not a factor. In neighboring New Mexico, they went even higher at 44%. Those premium increases push the average Silver price up dramatically, but this is generally a beneficial thing for everyone because ACA subsidies in all metal tiers are calculated off of the price of the benchmark Silver plan. The higher the benchmark Silver plan is relative to all plans, the greater premium subsidies everyone receives. The vast majority of Silver subscribers are highly to almost totally subsidized and don't care about market premium prices, so the net effect of Silver loading is to increase federal subsidies for all subsidy-eligible ACA enrollees in the state while also providing ample funding for the required CSR subsidy system. In some states like Texas this leads to some market oddities like Gold plans being lower-priced or similar to Silver plans. In some cases the subsidies are high enough that Gold plans can be had for no premium at all.

As a result of this forced boosting in Silver premiums it is generally a financially bad idea for anyone who is not in one of the higher CSR tiers (MAGI under 200% FPL) to take a Silver plan. They could get comparable coverage at a significantly lower price with a Bronze or significantly better coverage at a comparable (or slightly lower) price with a Gold. Taking a Silver with MAGI above 200% FPL generally means you are unnecessarily overpaying for coverage, often by quite a bit.

Useful resource links:

Official Healthcare.gov price/policy browser (not yet updated for 2027) - https://www.healthcare.gov/see-plans/#/

Great ACA cheatsheet - https://www.healthreformbeyondthebasics.org/wp-content/uploads/2026/08/REFERENCE_YearlyGuidelines_CY2027-FINAL.pdf

KFF's excellent subsidy calculator - https://www.kff.org/interactive/subsidy-calculator/

A nice beginner's guide by /u/stevencartwright - https://reddit.com/r/Fire/comments/1vnhwpd/a_fire_beginners_guide_to_aca_health_insurance/

Excellent Open Enrollment Guide by ACASignups.net (Part 1) - https://acasignups.net/26/10/14/hobbling-towards-enrollment-my-2027-aca-open-enrollment-guide-part-1

Notice on ACASignups.net - Charles is a bit of a rabid anti-Trump partisan, but he does great ACA work. The value of the ACA information is high and merits looking past the political content, in my opinion.


r/Fire • • 6h ago

Original Content Had enough the last 3 years but waited to retire until end of this year…and just had a heart attack

548 Upvotes

I had exceeded my financial goals in 2024 but I didn’t mind my work and liked the people I worked with. Almost pulled the trigger at beginning of 2026 but couldn’t quite do it, partly out of fear of the new war in the middle east and its effect on stock prices, and again, work wasn’t too bad.

But I was trying for good in December. Last week I had a major heart attack. I hopefully can make a pretty good recovery but life won’t be quite the same.

I should have pulled the trigger. You can’t know what your health is going to do. I thought I was good. Work out every day. It’s mostly genetic.


r/Fire • • 19h ago

Milestone / Celebration I did it. I jumped ship - officially unemployed as of the end of today.

756 Upvotes

I put in my notice 6 months ago and I’ve been training my replacement for the last 3 1/2 months. I knew I was gonna miss the people, but I didn’t know it was gonna be this hard to say goodbye today. It was rough. Five of the coworkers I’ve known for 20 years. I hope I feel better tomorrow. I have been looking forward to this for so long. I am free.

I am 54 with 2M investments, paid off house and 40K in passive income. My spend is 50-60k per year.


r/Fire • • 10h ago

I jumped!

40 Upvotes

Reddit has suggested I cross post this from r/financialindependence . I have never done this before, so I'm adding this disclaimer at the top that I have little clue what I'm doing :D

.....................................................

This is my 4th post in this sub, so I (43M) won't go into my backstory. here is a link for those who want my origin story.

I did it! I officially FIRE'd and it feels weird and great.

In my last post I mentioned that I was in my "One More Year" phase. Over the past year, I did all the things that I felt I needed to do before retiring. I accidentally followed The Gambler: I bought a Japanese car and put a new roof on the paid off house. I also got all known repairs done on the house, funded the kids college accounts a little more, graduated from therapy, and got my last kid out of daycare. As I was doing all this, one more year paid off big time. My company was sold and I got a literal years salary as a bonus. So one more year effectively paid out like 3 (due to 50% savings rate)

I currently have ~2.3m invested

  • 1.4m 401ks
  • 100k ROTH
  • 600k brokerage
  • 200k cash/CDs

Keeping round numbers, 4% withdrawal gives me an income of 90k/year. I'm a little apprehensive because I haven't lived on 90k/year before. Prior to my divorce, my inflation adjusted after tax average spend was ~50k/year, but since my divorce its been close to ~115k/year. A large portion of my expenses have been one offs or things that I have since resolved (e.g. mortgage payment, hospital stay, new furnace, matchmaking service, therapy, daycare, roof). With those handled, I believe the 90k is realistic. My budget also has fat that can be trimmed: something like 10k/year in vacations and another 10k/year in outside help (cleaners/yard work). At this point, I know I can make it if I remain flexible on my withdrawal amount so here we go!

My immediate plans are two-fold:

  1. Set up for financial success. I am going to make a brand new set of spreadsheets, write up a retirement plan, set up recurring withdrawals/transfers, establish a HELOC for emergencies, etc. I'm going to track my expenses closely while making slight cut backs to see how my future expenses are stacking up against my historical expenses/current budget
  2. Focus on my health. I'm planning to hit the gym, go for walks, join a club or two, and eat down the pantry. If I spend 6 months with this as a primary focus, I'll be in the best shape of my life AND will reduce current and future health expenses.

Retirement draw down plan:

I am a parent who files as head of household. My plan is to convert as much as I can from my 401ks into my ROTH. This will still give me a little room at the 0% capital gains brackets, so I'll take that as well. I'll be paying full price on the ACA exchange for the next decade while I spend my cash and brokerage. When insurance costs skyrocket as I mature (and my kids age out of being adorable little deductions), I'll pivot to use my ROTH conversions and convert 401ks as needed to control my MAGI.


r/Fire • • 10h ago

General Question Is the FIRE community mostly people without kids? Have you reached FIRE with children?

17 Upvotes

I feel like most posts are people without kids. I wonder how many people with kids actually FIRE? It is so much more difficult.

2347 votes, 2d left
No children
Grown adult child/children
One child at home
More than one child at home
Going to have kids post FIRE

r/Fire • • 2h ago

Opinion Building in an early year in your plan where you "Splash Out". (spend way more one year for some special reason)

0 Upvotes

I just FIRE'd late last December and I'm enjoying my first full FIRE year at the moment. So far, my spend is crazy low, because I'm finding it hard to flip the switch back into being a spender/consumer. I was a hardcore frugal saver/investor up until very recently.

One thing that I'm thinking of doing to try to combat my hesitation to spend is to have a Splash Out year. A year where I spend about 170k total. I call it Splash 150, because I'd be using 150k from my cash hoard and then another 20k from a small pension I get. I'd have about 170k to spend in a single year, which translates to slightly over 14k monthly.

14k monthly, for me, seems like an absolute FORTUNE, so I will feel like I'm living the high life, allowing myself to spend so much. (I'm single, living by myself, no kids to take care of or pets)

I haven't spent more than 3.5k per month for the last decade. I'm trying to allow myself to have a 6k per month lifestyle going forward, but I haven't come close to 6k yet, but I think I'm going to give myself this early "Splash Year", to force myself into relinquishing my ruthlessly frugal mentality. It's a year of exposure therapy. Exposure to actually spending money, lol. Baking in this arbitrary Big Baller Year is one way to do it.

I just turned 56, I'm male, and my life expectancy is only about late 70's due to some family medical history, so F it...

I also consider this one year of heavy spending as "Kick The Bucket" Insurance. You know how you hear of these people that retire and then die a year later and they hadn't yet done their "Go-Go" stuff? I'd hate for that to be me. So, I need to do my Splash year pretty damn soon.

What am I going to do with my Splash 150 year? Probably visit Europe for the first time ever. Italy is my No.1 destination. I'm also curious about going to someplace in SEA, like Vietnam perhaps. Heard good things about Da Nang. I could also just live a bit more lavish while in the US. Treat myself to a luxury apartment somewhere for the first time in my life.

NOTE: I won't necessarily force myself to spend exactly 14k every single month. Some months might be way less, but other months could be more. I just want to give myself the freedom of being able to go nuts for 365 days, lol


r/Fire • • 21h ago

Advice Request Thoughts on COBRA 60 day loophole to get through end of the year?

33 Upvotes

I'd be interested to hear anyone's experience, good or bad, that has had to sign up for COBRA during the 60 days signup period after having a medical emergency.

My work insurance ends at the end of this month (Oct). In January, 2027 I will be on an ACA plan. Instead of paying full price for a ACA plan for Nov and Dec, I was thinking about coasting on the 60 day COBRA signup grace period. If I don't have an emergency, I wouldn't sign up and will have saved ~$1,300. I have no doctor appointments in Nov or Dec and am covered on medication through the rest of the year. I would make sure a trusted relative knew how to sign me up for COBRA, should I be incapacitated.

Thoughts?


r/Fire • • 6h ago

What’s your investment strategy?

2 Upvotes

Curious to hear from people at two stages:

  1. Wealth accumulation: Which ETFs/assets do you invest in, what are your allocations, and how do you rebalance?

  2. Living off your portfolio / FIRE: What's your portfolio setup, how do you fund your expenses (selling shares, dividends, cash reserves), and how do you manage market crashes?

If you're comfortable sharing, what's your age, net worth, annual spending, and FIRE target?


r/Fire • • 1d ago

What should I do with myself?

41 Upvotes

I retired at about 40 and im closing in on 50 now and I need more structure in my life. I got divorced and stopped working to make sure I showed up for my girls. But, they’re getting older now and my life isn’t chaos anymore so, I think I could start doing something.

But, I’ve always worked in finance and startups as a software developer and that type of work is out. Im not willing to commit to a job like that anymore.

What ideas do you guys have? What’s worked? What have you hated?

Thanks!


r/Fire • • 2h ago

Advice Request Can we take a year off?

0 Upvotes

We are a family of 4 , 2 kids grade 7 and grade 4.

I worked before, but have now transitioned to be stay at home mom, and spouse works at 107k a year FT job. He hates his job, is an architect and looking to do something new.

We want to take a year off and live in India, travel around from countries from there as well (nearby). We will homeschool, tutors etc which are relatively cheap in india. We are currently renting in a HCOL, and don’t own a home, although we want to buy soon.

Our assets:
401k/IRA, approx 1 million
roth ira : 300 approx

Brokerage account: 425k approx
Cash : 700k approx

529 account kids: 175k total both kids

We have a lot of cash, because we will put down about 400k as down payment to handle the monthly mortage on a house about 700k.

My husband has to quit job and he is against the idea— worries on finding something after a break of year , he is 52.

I think we will be ok. this is the only chance , since come high school, hard to get away from school. He is not very financially savvy, pretty much 100 percent of the wealth has been thru my previous job and savings. He is not a spender, just his career does not offer 401ks or high paying early in career. Am I wrong? Is this possible?


r/Fire • • 1d ago

Advice Request Anyone on here ever take a pay cut and move the extreme climates of a northern community?

35 Upvotes

This might be a long shot of finding someone who
has done this move or something similar. Long story short.

My wife and I have lived up in northern BC since we were born. In northern I am referring to Fort Saint John. Winters are a lot of -30 and weeks of -40c and non stop wind. Then summer comes and it’s short and bug filled.

After 33 years of this and now with young kids we have been wanting to move somewhere south with better weather and lifestyle to raise kids. I have worked the oilfield lifestyle for 16 years of that and tired of it all to be honest….. but it’s all I have ever known.

We have been wanting to pull the trigger for 5 years now but each year comes and we are still here….

My wage will drop from 180k to about 100k. Wife is not working right now with the 2 young kids at home but she will after they reach school age.

Cost of living will be about the same except housing will cost more.

Currently have about 1.1 million in stocks and 250k in home equity. (Hoping to fire at 2m) have saved since I was 20 aggressively

Not sure what’s scaring us or why we can’t mentally make the move….

Would love to hear some feedback or similar stories


r/Fire • • 1d ago

Daily FIRE Hangout - Friday, October 16, 2026

5 Upvotes

This is a relaxed hangout thread for the FIRE community to chat with other FIRE-minded folks without having to publish separate posts. This is the place for brand new people to get their feet wet as well as for lurkers who have questions or comments, but do not want to create posts of their own.

All of the sub rules apply in this thread as normal with the exception of the off-topic rule, which is relaxed to the extent that people don't go wildly off of the reservation.

We are putting this up as a trial to see if it is worth keeping this as a permanent feature of the sub. Participation is entirely voluntary and anyone who wants to create a separate post of their own rather than posting in here is free to do so.


r/Fire • • 17h ago

Would you FIRE ?

0 Upvotes

If you can FIRE with a 24% pay cut from what you’re making right now, would you?


r/Fire • • 2d ago

This is how a date perceives someone who is vague about what they do for a living

168 Upvotes

https://www.reddit.com/r/dating_advice/comments/1x5hs4r/is_it_a_red_flag_if_a_guy_refuses_to_tell_me_what/

I have noticed several posts here (and other FIRE sites) about how to explain that they don't work while trying to date. Here is a take on how a date interprets that vagueness. While I realize that no one wants to attract the wrong sort of partner, this is illuminating. I don't know what the right answer is but interested in knowing others thoughts.


r/Fire • • 1d ago

Advice Request Big ask! What would your strategy be?

0 Upvotes

First of all thanks for the time anyone puts into this. It is easy to approach FIRE as a goal, but implementing a plan is completely different. I would like to tell you my financial situation, then get an honest opinion about what my "spend" should be, and how to invest my Bridge Money to get to 65, or 62.

I am 56 years old, and my wife is 50. I would plan to take Social Security at 65 but I am willing to hear thoughts about taking it at 62.

  1. I have 4500/mo in military disability.
  2. I have free healthcare, but might get a high deductible plan for backup/additional care
  3. No home but I am happy renting and don't plan to stay in the country.

*Finances

  1. 1.2m in taxable dollars in a brokerage account.
  2. 1.0m in 403B's and K's
  3. 4500/mo passive, non-taxable income.

To reiterate, I want to do this differently than other posts. I would like you to tell me what my monthly spend should be, and how you would face this, how to invest the 1.2m Bridge money, when to start taking retirement, and when to start taking Social Security.

I know I'm asking for an entire plan and time from people, so for those who participate, I truly appreciate it!


r/Fire • • 2d ago

Advice Request Please, roast my plan

1 Upvotes

I'm married, in my mid-30s with 1 kid. We won’t be having anymore. I live in a very low-cost-of-living area in the States with cheap housing. That lets us invest heavily in equities and real estate. Here are our numbers and the plan.

Income

Household income: $200k gross (W-2)

Rental income: ~$18k net from 4 properties

Spending and investing

Monthly expenses: $2,000-2,500 (does not include rental mortgages)

Annual investments: $105k-130k

Current liquid net worth: $890k

The plan

Phase 1: My wife and I work full-time until we reach roughly $1.75-2M. Based on online calculators, that should take 3-5 years.

Phase 2: We drop to part-time (1-3 days a week). Both of our careers allow this easily, and the income would more than cover our expenses. We stay here until our accounts reach $3.25-3.5M.

Phase 3: We stop working and sell 1-2 rental properties a year to live off the proceeds. I don't expect big profits from the sales, likely $30-40k each.

End goal: "GregFIRE" at $5M. That's far more than we need, but it would give us significant security, let me help family, and let me pursue interests I otherwise couldn't.
I know many of you are far more knowledgeable than I am. Please poke holes in this plan and point out anything I might be missing.

(I wrote this, but used AI to clean it up)


r/Fire • • 2d ago

Daily FIRE Hangout - Thursday, October 15, 2026

8 Upvotes

This is a relaxed hangout thread for the FIRE community to chat with other FIRE-minded folks without having to publish separate posts. This is the place for brand new people to get their feet wet as well as for lurkers who have questions or comments, but do not want to create posts of their own.

All of the sub rules apply in this thread as normal with the exception of the off-topic rule, which is relaxed to the extent that people don't go wildly off of the reservation.

We are putting this up as a trial to see if it is worth keeping this as a permanent feature of the sub. Participation is entirely voluntary and anyone who wants to create a separate post of their own rather than posting in here is free to do so.


r/Fire • • 3d ago

News "The Wall Street Journal Questioned the 4% Rule. So I Called Its Creator."

163 Upvotes

r/Fire • • 3d ago

Opinion Thoughts on Jean Chatzky's "The Forever Paycheck"

89 Upvotes

I haven't read the book itself yet, but I have read the Atlantic's article-length version, which I thought had some interesting takes on the psychological challenges of decumulation. Has anyone read the book yet? What did you think?


r/Fire • • 3d ago

General Question Index investing and anti-consumerism

78 Upvotes

I frequently read subs on these topics and it often feels like they don't mix at all - there are the rich personal finance bros who just want to save millions and live in luxury and the broke crunchy granola types who buy secondhand jeans and boycott Nestle. I feel like I'll get a traumatic personality split trying to interact with both. Living in NorCal and seeing former hippies in million dollar homes and techbros "disrupting AI" in flip flops only exacerbates the issue for me

since this community is known for its no BS common sense take on things I'm just wondering if there are any people here who in their personal life philosophy combine certain principles of both of these worlds. Like:

\- working a corporate job because that's what pays the good money, but not drinking too much corporate koolaid and trying to check out of the race as soon as possible
\- saving money aggressively but not hoarding, just getting enough for your own modest living
\- cutting expenses as a personal finance goal, but also to reduce waste; buying less, buying used, driving less, growing a garden whatever else
\- investing in the index funds covering the good the bad and the ugly of the global economy, but using some proceeds to support local ESG initiatives, volunteering etc

Do you see yourself as hardcore capitalist (drill baby drill, screw the whales, greed for lack of a better word is good) or as free spirited tree hugger and how do you reconcile these two concepts in your mind?


r/Fire • • 2d ago

Why are people so insistent that living in lcol in RE is the only way to go?

0 Upvotes

I have no dependents, but all my family and friends are in hcol where i currently live. But seriously so many people insists that I'm wrong and I should move to lcol where I know no one.

Why are people so insistent on this? I tell them I would be miserable, but they say, "but you pay so much less!". Yes I know, I can do math, but its so funny that people just think they know better.


r/Fire • • 3d ago

Spending in RE scares me

234 Upvotes

I'm 53, retiring early this year (not entirely voluntary), with $2.5m nw, living in hcol area (can't move for personal reasons), single no dependents, and spend about $95k / yr. Will have SS coming at 67 that should be about 50k. I've ran the numbers, and it seems like I should be fine off my spend to retire. Have enough post tax to get me to 59.5

I've been retired essentially for the last 3 months, and its been really scary to spend my nest egg down. i've found myself really agonizing over it, even though the numbers say i can spend 8k a month. i sometimes try to make a game out of it to spend less so that it help my nest egg grow. Is this how its always going to be? I feel like my numbers are comfortable, but one 2008 market from insolvency. Do other people feel this way, and if so how do you assuage the fears?


r/Fire • • 3d ago

Daily FIRE Hangout - Wednesday, October 14, 2026

8 Upvotes

This is a relaxed hangout thread for the FIRE community to chat with other FIRE-minded folks without having to publish separate posts. This is the place for brand new people to get their feet wet as well as for lurkers who have questions or comments, but do not want to create posts of their own.

All of the sub rules apply in this thread as normal with the exception of the off-topic rule, which is relaxed to the extent that people don't go wildly off of the reservation.

We are putting this up as a trial to see if it is worth keeping this as a permanent feature of the sub. Participation is entirely voluntary and anyone who wants to create a separate post of their own rather than posting in here is free to do so.


r/Fire • • 3d ago

Advice Request Permanent injuries have changed my timeline — Is 53–55 Realistic?

24 Upvotes

I just turned 43. 4+ years ago, I was in a severe car accident. I was out of work 16 months, 2 cervical spinal surgeries, and a peripheral nerve surgery. I'm getting another nerve surgery and probably a pelvic nerve stimulator. Permanent nerve damage in upper and lower extremities. I was in a very positive retirement outlook situation before all this, and I wanted to retire comfortably at 59. I'm in severe pain every waking moment - so that's not looking likely.

I don't even know if I can make 10 years tbh, but is a 53-55 timeline conceivable at all?

Job / Expenses

I have worked in govt for almost 20 years. I just received a substantial promotion. In 5 years I will reach the end of my pay grade, which is 172k in todays dollars. My wife is not working currently - we also have a special needs child.

The formula is you can retire at 55 with 30 years of service. I would have 32 years. 30 years is 60% percent of my final salary with 1.5% added every additional service year. I could technically retire at 53, but I would have no pension and pay COBRA for 2 years. You can base the pension amount on 172k todays dollars salary.

At >=55 I can collect my pension and I keep my $0 premium / $0 deductible insurance in retirement.

I owe 147k on a 3.5% mortgage with 19 years left. My 350/month 0.9% car loan is paid off April 2028. 2 cars will be paid off with low miles (23k/40k). No other debt. Expenses currently around 6k per month.

Assets

60k Emergency HYSA/checking

230k 457

180k Roth

28k t-bills and 43k ETFs in Taxable brokerage

80k in HYSA for future medical procedures, home maintenance I can no longer do, home repairs.

===

Before promotion I was contributing 10% to 457. Within the next 2 years I plan on saving on more aggresively and hopefully max out my accounts.

I'd love to make it to 55 and cross fingers the numbers may work. I just dont know if my body can make it and I think the math falls apart any age earlier than that.

Any advice is appreciated.