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The FIRE movement includes different tiers, such as Lean FIRE, where individuals live minimally on low annual expenses (usually between $30,000-$50,000), and Fat FIRE, where individuals maintain a more luxurious lifestyle. People who pursue Lean FIRE might find joy in simple pleasures, while Fat FIRE advocates may spend extravagantly, emulating the financial lifestyles of celebrities.
Problems With the FIRE Movement
While there are numerous attractive aspects of the FIRE movement, there are also significant issues that deserve attention.