Lean FIRE Calculator
Lean FIRE Number
Lean FIRE Timeline
Formula
Lean FIRE Number = Annual Essential Expenses / Safe Withdrawal Rate
Frequently Asked Questions
What is Lean FIRE?
Lean FIRE is a version of Financial Independence, Retire Early that focuses on minimal living expenses, typically under $40,000-$50,000 per year for a household. It requires a smaller portfolio but demands a more frugal lifestyle in retirement.
How is Lean FIRE different from regular FIRE?
Lean FIRE targets only essential expenses, while regular FIRE includes discretionary spending. Lean FIRE numbers are lower (often $625K-$1.25M) compared to regular FIRE, making it achievable sooner.
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