What is your FI number?

[WillWork4Mustache]

I voted wrong. While it would take $3M for me to have the guts to FIRE, I believe my FI number would be $1M

[bthewalls]

At the risk of been harassed (joke),.....I’ve lost the idea of retiring early and enjoying my career more as time passes (sorry everyone....egg throwing time)..

I’ve changed my focus to creating wealth for my young kids and it’s taken the time pressure off....it’s quite liberating ...hopefully the kids won’t blow it on stupid shit,but who knows

Baz

[Tyson]

At the risk of been harassed (joke),.....I’ve lost the idea of retiring early and enjoying my career more as time passes (sorry everyone....egg throwing time)..

I’ve changed my focus to creating wealth for my young kids and it’s taken the time pressure off....it’s quite liberating ...hopefully the kids won’t blow it on stupid shit,but who knows

Baz

It's actually not a bad idea.  It's your money and you get to decide where you get the most value out of it.  I'm not FI yet (thanks to the divorce, set me back about a decade).  But I am in good financial shape and getting better every year.  Plus my parent's are now multi-millionaires.  I'm the only child and Kira's the only grandchild.  So I'll inherit from my parents (most likely) and she'll inherit from me (most definitely).  She's just started high school but her college is already fully funded. 

This all means that financially she starts off ahead in life.  I'm perfectly OK with that.  I've already started having conversations with her about the fact that this is not 'free money' but is rather something that needs to be treated responsibly and used wisely. 

[bthewalls]

Yeah. Divorce is a big one, I hear it costs 10 years alright.

Re inheritance, I think the saying goes ‘ the grandfather starts it, the son builds it, the grandchild blows it,.‘....3 generations..

[catccc]

I said 2.5.  It used to be 1, then 1.2, then 1.5, then 1.875, then 2, and now I'm saying 2.5, but I'm thinking I'll be more comfortable with a lower SWR and might go with 3. 

IDK when it ends.  So far it hasn't, which is really fine, but I feel like I have to draw a deeper line in the sand at some point, rather than just smoothing over the last line and drawing a new one a little further out.

[Retire-Canada]

If we are talking USD than $1M would be my FI number and some cushion. If we are talking CAD than I need a few more bucks than that. ~53 living in Canada.

[Taran Wanderer]

It was 1, then 1.5, then 2ish, then 3, and now… what’s FI?

[DaKini]

I chose 1M$. My initial calculation predictions back in '13 was about 750k€; but that creeped up, mostly due unpredictable kids costs.

We live semi-frugaly, saving about 20% with two kids, me at 90% and wifey on 60% work time, so I think we do fine.
Current predictions are about 1.2M, but I expect the number to creep higher and then go down once kids are out of the house; this is not easy to forecast.

[davisgang90]

We FIREd in 2018 with about $800K in investments...but, I have a big military pension and tax free VA disability payments, so we won't touch our stash for a while.

The market and a small inheritance has put us over $1M and we expect it to keep growing pretty well without us spending it at this point.